I'm trying to understand the concept of base trading. Could someone explain what it is and provide some background information on this topic?
6
answers
Thunderbolt
Sun Feb 09 2025
A stock's price often experiences fluctuations during its upward trajectory.
KimchiQueenCharmingKissWarmth
Sun Feb 09 2025
These fluctuations can lead to periods of price consolidation.
ShintoBlessed
Sun Feb 09 2025
Price consolidation occurs when a stock's price moves sideways, forming specific patterns on charts.
CryptoEmpire
Sat Feb 08 2025
These patterns are often referred to as bases or chart patterns.
Daniele
Sat Feb 08 2025
The formation of these bases is typically driven by large investors.