US National Telecom (USNL)

[Cool_Trades]

** $USNL ** ANNOTATED HEAD & SHOULDERS 30MIN CHART:

From Investopedia: "The "head-and-shoulders" pattern is believed to be one of the most reliable trend-reversal patterns."

- The only thing I didn't like is that in order to develop this pattern, a LOT of scared traders would had to have sold in a panic, which we very well witnessed. RIP to those folks, because they have shot themselves in the foot by not allowing themselves present prior to the imminent breakout.

Read more on Head and Shoulders Bottom Reversals: http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns:head_and_shoulders_b