lauralea

Inverse Head and Shoulders

NYSE:H   Hyatt Hotels Corporation
Price tried to break neckline today on large volume. The top wick made it through but the candle body is barely above the neckline. A break of the neckline with a close above the neckline and an uptrend confirms this pattern.

Possible stop under right shoulder (RS) as the daily low was rejected not far above the RS today and buyers came in.


no recommendation
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