HPY is at a critical 5 year consolidation point. Not only did it recently hit a new high above 34, but this resistance level has collided with the 3 year channel seen above. While it has not fully broken to the upside yet, expect HPY to have a strong break up very soon. Long term consolidation patterns like this one are very common and often do not lie. While...
The action in this stock started in March 2013 and looks like a Reverse Head and Shoulders with a rising confirmation line. I already bought before it breaks through this current resistance, and I would think that this stock will probably take off to the upside. While I'm confident in my ability to read charts, there's always a possibility the market will head...
