What members write about us: 6.02.2019
- Anna K.
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Holding costs are the costs associated with the storing of the inventory that hasn’t been sold yet. These costs are usually added up with the rest of the inventory costs. The price for holding costs consists of damaged or spoiled goods and cost of storage space, labor needed to maintain then and insurance that might cover them.
A piercing pattern is a technical trading signal that is formed by a closing down day with a good-sized trading range. It is followed by a lower trading gap with a white candlestick that covers at least half of the upward length of the previous day's red candlestick body, finishing with a close higher for the day.