A consolidation stage is one where the share trades between a tight range, usually after a high. Coming down from a low to a new high, you dont call it consolidation. Maybe you can check if I am right with Investopedia.
Having broken 0.355, the charts are optimistic that it will head towards 0.42. However, gauging from current market conditions, remaining cautious is not a bad thing.
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kongking
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Posted by kongking > 2017-07-10 12:01 | Report Abuse
Look at the trend will break 0.345 this week