BATS:FB   FACEBOOK INC
125 3 0
Inverted Head & Shoulders - Breakout @ 51 -> Target 57
I have this pattern also. JR, Im only using this pattern in FB because it broke out of an IHS recently (few weeks ago). Its not a typical bottom reversal but has played out to measure the same way. Currently building the right shoulder. Ideally you want the prior trend to sell off more before creating the left shoulder but technicals have so many loops holes. Same thing with Harmonics.
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Where is the prior trend?
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K.I.S.S Trade QuantitativeExhaustion
Yes, I know that it's "against the rules" but the chart look's so nice, and now, after the breakout, even nicer.
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