$HEI is forming one of my favorite setups in where a chart pattern breakout will also complete a weekly trend line .
1) A head and shoulders continuation chart pattern breakout (blue line on the chart)
2) Already broke a Weekly long term down trend line (red dotted line on the chart)
3) Recently cleared 200 MA
Chart pattern target around $130 price level.
1) A head and shoulders continuation chart pattern breakout (blue line on the chart)
2) Already broke a Weekly long term down trend line (red dotted line on the chart)
3) Recently cleared 200 MA
Chart pattern target around $130 price level.
✔ Momentum & Breakout Trader Since 2006 | Influenced by Mark Minervini VCP Trading Style & William O'Neil CANSLIM 📈
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