UK:ARM Head and shoulders if you have access to UK markets

Discussion in 'Trading' started by Gary_McLaughlin, Jul 4, 2003.

  1. UK:ARM is forming a head and shouders pattern with the neckline just below 65. The measured target would be 40. However, there is significant support from 45 to 55. I believe it will trade as low as 50 if the neckline is penetrated.