CORT Head and shoulders

CORT Head and shoulders still looking for support possibly down to the 12.60-11.80s level. Been a bloodbath.
I guess I'm wrong, the shape is certainly a H&S and the price has broken below the neckline...
That's an interesting idea, it may be stretching the H&S a bit though. 10 month pattern, multiple peaks for the shoulders... and the $10 distance from the head to the neckline would normally imply a price target here below $5, which like I said, appears to be a stretch.
@germac, Yes i do agree with you, if you look at the weekly its more of a h&s than the daily showed because of the multiple peaks etc. Think itll stay bouncing off that support level though which so far it did. What do you think?
ntourney777 ntourney777

@germac support which i had around 12.69 that is...
germac ntourney777
@ntourney777, I'm surprised that it has gone down as far as it has. Maybe I've missed something, but I think the financial statements for the last 5 years show that the company has been improving in just about every way. I hope that Thursday or Friday sees the start of a significant move up, I'd like to buy in.
@germac, agreed, think i might buy some calls.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out