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Published On: Wed, Nov 6th, 2019

Chart Patterns 101: In A Flat Base, Dull Trade Can Be Positive Action

Mention the word “flat” in a conversation about stocks, and images of dull, laggard performance come to mind. But that’s not necessarily the case with stock charts. In fact, a flat base is one of the few reliable patterns that quality stocks form before they make substantial price advances.




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While it may seem like a stock is going nowhere for weeks, it may be quietly winding itself up for a big climb.

Look for these characteristics to spot a proper flat base from ordinary, meaningless sideways action in a chart:

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