Consolidation
The fluctuation of an asset’s price movements in a particular range without clear direction as a result of market uncertainty or exhaustion of market participants.
Did you know?
Have you ever heard of Monte Dei Paschi di Siena? Founded in 1472 in Tuscany, Italy, it is considered to be the world’s first actual bank and is still in operation today.
Word of the day
"Straddle" - The strategy of employing limit orders to trade on significant price movements in either direction.
Pro Tip
Always keep an eye on broker reviews.
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