How To Trade: Know Dangers Of Upward Wedging Handle
Posted on December 03, 2012 at 17:07 PM EST
Stock patterns are formed by institutional behavior. Sometimes that behavior is healthy. Sometimes it is not. A wedging handle is a quiet sign of problem behavior within a base. To understand this problematic action, consider the action that sets the stage for the handle. The left side of a cup base takes shape when large investors exit or sell large amounts of shares in a stock. The stock falls due to the increased supply of shares. The chart