that means, when it reaches 1000 pts. it will go down?
Pennywick
⋅
@theacc0untant, good morning, the head and shoulders pattern target is measured from the head to the neckline. That would be a big move down. I am not sold on it. The neckline can be defended and the H&S negated by taking out the right shoulder high. This is very choppy - waiting for clarity (hourly trend change)
slackerVer2
⋅
@Krisvt, good morning :) thanks for the clarification. will try to study the TA. thanks again!
Pennywick
⋅
@theacc0untant, note how the bulls bought it at the neckline to-the-penny