Chartoholic

Honda broke out of the H&S pattern

Long
NYSE:HMC   Honda Motor Company, Ltd.
HMC broke out of the head and shoulders pattern. The anticipated price action and targets are marked on the chart, ideal stoploss is far so it is better to use a trailing stop daily close below 200 MA.
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This is only my own view and not financial advice, do your own analysis before buying or selling
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