Basing
Posted By: TradersLog
A period where the market bottoms after a decline, characterized by a flat trading range with very little or no trend. Basing may indicate that accumulation is taking place.
A period where the market bottoms after a decline, characterized by a flat trading range with very little or no trend. Basing may indicate that accumulation is taking place.
Leave a Reply
By submitting a comment here you grant Traders Log a perpetual license to reproduce your words and name/web site in attribution. Inappropriate or irrelevant comments will be removed at an admin's discretion.