2) Inverse head-and-shoulder pattern (L=29.97, H=16.09, R=30.40; L+(L-H)=44
3) Breakout over declining tops line + retest and uptrend
4) Low ( on increase in )
5) Improved, high accumulation
6) crossover to the upside
7) Overhead resistance currently at 36.00, 39.75, 40.00, 43.50
Credit Suisse - CS - is showing a tight squeeze on its weekly from an inverse head-and-shoulders pattern. Considering its decline from above $60 share in the last several years ( Euro Crisis), it has consolidated above 16.00-30/share range. It is starting to break out over multi-year highs. Pattern has it going to about $44/share, or a 33% gain from its current price. Very buyable 32.00-33.00 and over 34.00 (most recent high).