DDD inverse head and shoulders

28 nov. 2017Complex inverse H&S; PT: 10.83 /17.41% above Neckline. must close above 2.5% of neckline to be valid pattern. If PT is reached it will also break downtrend line from June, which would probably do more than close the gap obviously.

15 dec. 2017

Kommentera

Since posting on 28NOV DDD has gained 12%; price has broken through minor downtrend from 03OCT reversal point but will be coming up 2 more reversal points from july and june. There is good chance it will break 2nd minor trendline. The 3rd coincides w/ gap close and will probably not be broken; squeeze momentum indicator ready to go negative on monthly. Keep your eye on 11.44 level.