Centrica: Will this be a H&S reversal?
H&S island formed at CNA.
Will there be some substantive news in the future that
causes CNA to gap up as well to complete the Island reversal?
The bullish break from the descending channel pattern marks the continuation of the rally from November low of 195.18. The doors have been opened for a break above 232.60 (Jan 16 high) and rally to January 23 high of 236.90.