"Complex" Head and Shoulder Bottom forming on GE Weekly Chart?
Good morning all!
MY thoughts are that Larry Culp's turn around efforts are beginning to bear fruit. With a good earnings report and outlook I feel that this could push GE into breaking out of an inverted H&S bottom and begin moving up. I'm using T. Bulkowski's pattern probabilities from his "Encyclopedia of Chart Patterns" as a guide and added a few thoughts of my own.
I welcome any and all discussion, Bulls OR Bears.
Big Poppa
MY thoughts are that Larry Culp's turn around efforts are beginning to bear fruit. With a good earnings report and outlook I feel that this could push GE into breaking out of an inverted H&S bottom and begin moving up. I'm using T. Bulkowski's pattern probabilities from his "Encyclopedia of Chart Patterns" as a guide and added a few thoughts of my own.
I welcome any and all discussion, Bulls OR Bears.
Big Poppa