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Over the years, I've read over and over again that consolidations in an uptrend were a healthy phenomenon. Inability to break down meant investors (basically) have every faith in a companies abilities and find value at the current price.  After a consolidation (the longer the better) a move higher would come.  Let's look a few examples: (click all charts to enlarge)1290327?profile=RESIZE_320x320

AAPL is very well known for it's consolidations, or taking a "rest" before moving higher as this weekly chart reveals.  Investors clearly believed in their innovation and were willing to add to positions during these consolidation periods; thus holding up  the price and holding the range.   That's called appetite, right there.

1290349?profile=RESIZE_320x320In fact, the longer the consolidation, the greater the move holds true; especially when you take a look at the biotech ETF IBB.  After it's debut as a new ETF, investors found value in it at $40 and began to accumulate.  After a brief reversal up, held it in consolidation for an amazing eight year

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