Lions Gate Entertainment$5 billion film studio Lions Gate Entertainment ( LGF) hasn't done a lot in the last coupe of months, but that doesn't mean its not tradable. Right now, LGF is forming a rectangle pattern, a consolidation setup that's formed by a horizontal resistance level above shares at $37.50 and horizontal support below them at $34. The rectangle pattern gets its name because it basically "boxes in" shares between those two levels -- the signal to watch is the break outside of that box.
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