Congestion

RECENT NEWS
The Economic Times  Jun 26  Comment 
While alternative airports in Mumbai and Delhi may not be immediately available, in Hyderabad and Bengaluru older airports can be used for business Jet operations.
The Economic Times  Jun 20  Comment 
Aiming to speed up train movement over the Yamuna and also decongest the Ghaziabad-New Delhi rail corridor -- one of the busiest in the country -- Indian Railways has proposed an additional rail bridge over the river in the capital.
Forbes  Jun 19  Comment 
A team of five biomedical engineering undergraduates at John Hopkins University (JHU) plan to manufacture and sell a device that they say would achieve the same effect as nasal reconstructive surgery for sufferers of chronic nasal obstruction - a...
Financial Times  Apr 17  Comment 
Trial sensor scheme aimed at smoothing traffic flows could be rolled out nationally
New York Times  Apr 9  Comment 
For New York lawmakers, an ambitious congestion zone came with few benefits for the other boroughs and too much political risk in an election year.
New York Times  Mar 31  Comment 
Political leaders in Albany leave an ambitious Manhattan congestion zone out of the state budget, but include new surcharges on Uber and taxi rides
WA Business News  Mar 27  Comment 
A rail line to Yanchep and freeway expansions in Perth's north are the two highest priority initiatives for Western Australia, according to Infrastructure Australia’s latest project update, which has indicated a third runway at Perth Airport...
New York Times  Mar 21  Comment 
A Manhattan congestion plan faces not only political challenges but also divisions over whether E-ZPass is the right technology to make it a reality.
The Economic Times  Mar 15  Comment 
The issue is likely to be discussed at the board meeting of Sebi this month, senior officials said.
WA Business News  Feb 12  Comment 
Congestion on the national broadband network has eased as more customers turn to higher speed plans after rollout company NBN Co slashed its top speed packages last year.




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Congestion

The area between resistance, and support. [1] A box is created when the security trades within a rectangle formation. This is characterized by prices trading within a narrow range. [1]

A box is basically an area of consolidation. For whatever reason, the market has decided the stock should neither advance nor decline appreciably, but rather idle sideways. [2]

Typically, the support level can be thought of as the level at which many buyers tend to enter a security. [2] The original low price level becomes a support area because investors will believe that prices will again rise above that level. [3] Typically, the resistance level can be thought of as the level at which many buyers tend to sell a security. [4]

15c congestion from, "action of gathering together.”

14c support from, bring up, up from under, portare "to carry." Sense of "that which supports" is from 1560s. [3]

15c résistance, earlier resistence. [4] From 14c., to resist, to take a stand, stand firm. [5]

References

  1. Wall Street words: an A to Z guide to investment terms for today's investor David Logan Scott ISBN-10: 0618176519 pg75
  2. Wall Street words: an A to Z guide to investment terms for today's investor By David Logan Scott ISBN-10: 0618176519 pg367
  3. A Random Walk Down Wall Street: The Time-Tested Strategy for Successful Investing By Burton Gordon Malkiel ISBN-10: 0393062457 pg107
  4. Wall Street words: an A to Z guide to investment terms for today's investor By David Logan Scott ISBN-10: 0618176519 pg 313
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