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Thursday, August 30, 2018 8:44:32 AM
...just below the neckline
...and also a huge spike in Accum/Dist line
...next resistance is $1.65, then $1.75
Explanation for Inverse Head And Shoulders and price targets:
1) https://www.investopedia.com/terms/i/inverseheadandshoulders.asp
2) https://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns:head_and_shoulders_bottom_reversal
3) https://dailypriceaction.com/forex-beginners/inverse-head-shoulders-pattern
...breaking through the neckline (dashed, pointing upwards, which is better than flat or downwards) means BREAKOUT of this huge Inverse Head And Shoulders pattern
I AM LONG WMIH, NO INVESTMENT ADVICE!
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- Just my personal opinion, no investment advice! -
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