Prices going back and forth inside a fixed band
The highs stop at about the same level and so do the lows, and the price shuttles between them. With no direction, methods that assume a trend spin their wheels. When the price finally leaves the band, the move can be large.
A stock oscillating between $950 and $1,050 for three months.
For learning, not investment advice. Decisions are your own.
StockFit · TrueNorthLabs Inc.