Instead, a second base takes shape above the first, usually as a flat base. There is a "goldilocks" quality to the base on base chart pattern. Advertisement Continue reading About Our Ads ...

The pattern's basic requirements start with a run up of at least 30% before the stock turns down into a consolidation. The consolidation (the decline from the stock's high) can be up to 35% deep ...

The base was as long as an airport runway. (See it in its entirety on a weekly or monthly chart.) Schlumberger's fundamentals were heating up. In the second quarter of 2013, earnings per share ...

Market leaders such as Meta stock will provide "follow-on" buying patterns that act as intermediary entries along a stock's ...

How To Read Stock Charts: Alphabet Stock Surged More Than 63% After Breaking Out Past This Bullish Pattern ·Investor's Business Daily SCOTT LEHTONEN Tue, Oct 1, 2024, 5:00 a.m.3 min read ...