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BOP during consolidation - basing Rate this Topic:
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sbukosky
Posted : Thursday, October 4, 2012 11:22:18 AM
Registered User
Joined: 6/17/2012
Posts: 36

Has anyone made observations of the  Balance Of Power indicator during basing or consolidation?

I've had stocks go flat at a point where a reversal was expected by me but the price just sits there. I know that at times it may be stalling in anticipation of earnings or whatever, but I'm curious about the times when there seems to be no news driven event upcoming.

Steve Bukosky

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