SHELL in a Trading Range?

 

SHELL Weekly Chart

Weekly chart shows SHELL has been consolidating in a trading range between 38.735 and 34.74. Is this a pause before moving higher or is this a sign of distribution before moving lower?

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Trading and investment involves risk, including possible loss of principal and other losses. I shall not be responsible for any losses or loss profit resulting from trading or investment decision based on my posting and any information presented in this blog.