This means that as the support and resistance levels get closer together, or as the width of a consolidation decreases, that a breakout could be imminent. DD has an established support level, which you can see in the straight line in the chart. This is a breakdown consolidation pattern, as the negative trend continues during...Read More

•   The S&P 500, a common benchmark, is a market-cap weighted index of the 500 largest publicly traded U.S. companies. While the share price of a company tells you how much it costs to own a piece of the company, it doesn’t really give you any hints as to the size of the company or...Read More