Chemtura Corp (fka CHMT)

[hfields]

REVERSE-HEAD-AND-SHOULDERS FORMATION:

I am seeing a long-term reverse head and shoulders formation develop on the daily chart. We are currently forming the final shoulder on it...when the right shoulder has finished forming, we will be back up...if the formation holds true

***I DIDN'T USE A CRYSTAL BALL ON THIS ONE...THOUGH I DID USE CHART ANALYSIS...AND FOR THOSE WITH A SHORT MEMORY, THEY DROPPED IT LIKE THIS THE LAST TIME THE POR WAS POST-PONED.***