A rising wedgeA rising wedge can be a continuation pattern to the downside... More can be a continuation patternWhat is a continuation pattern? A continuation pattern is ... More to the downside or a to the downside.
It is formed when the priceWhat are value stocks? A value company is a company that app... More trades between a and resistanceWhat are "resistance" levels in trading? A resistance level ... More level that has an upward slope and consolidates into an increasingly narrow range.
As the priceWhat is price? The price is the measure of the value of good... More consolidates into a narrow range, the price gets closer to breaking out of the pattern. The break is to the downside for a rising wedge.
ReversalWhat is a trend reversal? A trend reversal is when the mark... More to the downside
