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How to Trade a Rectangle Consolidation

Bycjrosen April 30, 2008

Rectangle consolidation patterns can lead to amazing profits and are relatively easy to recognize on a chart.  Let’s learn more about this chart pattern. Eaton Corp (ETN) recently broke out of a rectangle consolidation pattern, which gives us an example of how we could trade such chart patterns. Sears Holding (SHLD) broke a long-term rectangle…

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