RA_Capital

$TWO bullish inverted H&S on the daily chart #stocks #trading

Long
RA_Capital Updated   
NYSE:TWO   Two Harbors Investment Corp
$TWO daily chart has formed an inverted H&S pattern as a result of a false breakout in late SEP, followed by a correction that found support at what is now the shoulders level
MACD just turned positive , RSI already in expansion area now sitting above 50
Look to participate on a close above the neckline that is now around 13.46
Measured target is around 14.43
Trade closed: target reached:
Gotta love TA
Target reached to the cent 14.44 the close of day
Hope you took the profit, congrats longs, on to the next one
Cheers,
TA

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