Chartoholic

Honda broke out of the H&S pattern

Long
NYSE:HMC   Honda Motor Company, Ltd
NYSE: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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