Trading Range
Red lines are resistance lines and green lines are support lines. A trading range occurs when a security trades between consistent high and low prices for a period of time. The top of a security’s trading range often provides price resistance, while the bottom of the trading range typically offers price support.
A wedge occurs in trading technical analysis when trend lines drawn above and below a price series chart converge into an arrow shape.
A wedge occurs in trading technical analysis when trend lines drawn above and below a price series chart converge into an arrow shape.
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