head and shoulders ?

Discussion in 'Trading' started by cashclay, Oct 9, 2023.

  1. cashclay

    cashclay

    sorry to ask but could this been a possible head and shoulders ? i’m just trying to learn this pattern bc of its high success rate and it’s sometimes abit confusing. thank you
     
  2. SunTrader

    SunTrader

    Your question mark on the right hand side of chart .... should answer your question.

    Two thirds is not a pattern.
     
    murray t turtle likes this.
  3. No it's not a head to shoulder but a top to top
     
  4. maxinger

    maxinger

    Simply use the straight ruler and you will notice that it is on the uptrend.

    Throw away the head and shoulder book as it is causing confusion.
     
  5. Sprout

    Sprout

    Trading Pennies is gambling

    troy-polamalu-head-and-shoulders.gif
     
    murray t turtle likes this.
  6. maxinger

    maxinger

    AHG was ~50. Now it is a penny stock.



    5/1/23
    6/9/23
    8/9/23
    8/29/23
    On those dates, someone was accumulating the stocks.
    Then AHG stock went up significantly and beautifully.
    Soon it will continue its downward journey.
     
    cashclay likes this.
  7. cashclay

    cashclay

     
  8. %%
    TRUE\
    but, strangely some people dont trade for profit.
    If one likes to lose + disreguard good advice\
    its an ego trip\stumble\bumble. Dont try this a @ home:caution::caution: