this chart of RVBD and the red box highlights consolidation (kinda the opposite of distribution) after a multiday fall and big volume capitulation. in the red box we see big volume without the price moving much. lots of shares are changing hands with almost equal buyers and sellers. this is usually a good sign to cover and wait for a low volume bounce to a critical resistance line. in the red box we also see a tag of the blue uptrend line - this provided support too. that's why i like trendlines - when things come together like this, which they often do, you can get a good idea about what is going to happen.
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