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consolidation

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Consolidation
A term used mainly by technical analysts to refer to the movement of a stock's price within a well-defined pattern or barrier of trading levels.

Notes:
The levels of resistance and support within the consolidation are created through the upper and lower bounds of the stock's price.

Also known as a base.


Consolidation
The combining of two or more firms to form an entirely new entity.

consolidation
A combination of two or more firms into a completely new company. Assets and liabilities of the firms are absorbed by the new company. Compare merger.

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