answersLogoWhite

0

The term "sideways M" typically refers to a chart pattern in technical analysis, often seen in stock trading. It resembles the letter "M" lying on its side and indicates a period of consolidation or indecision in the market, where the price moves within a range rather than trending upward or downward. Traders may interpret this pattern as a signal for potential breakout opportunities in either direction.

User Avatar

AnswerBot

1w ago

Still curious? Ask our experts.

Chat with our AI personalities

ViviVivi
Your ride-or-die bestie who's seen you through every high and low.
Chat with Vivi
FranFran
I've made my fair share of mistakes, and if I can help you avoid a few, I'd sure like to try.
Chat with Fran
MaxineMaxine
I respect you enough to keep it real.
Chat with Maxine

Add your answer:

Earn +20 pts
Q: What does sideways M mean?
Write your answer...
Submit
Still have questions?
magnify glass
imp