What Is a Broadening Formation?

A broadening formation is a price chart pattern characterized by a series of price peaks and troughs that get progressively wider over time. The pattern is considered a bullish indicator, as it shows that prices are trending higher despite periods of temporary weakness. The broadening formation is also sometimes referred to as a “megaphone” or … Read more

What are fixed costs?

When the production costs of goods and services are calculated, there are costs that are linked to the production process of each product or service, these costs are called variable costs, in that they are increased or decreased depending on the number of units produced. However, there are other types of costs that are transversal … Read more