lowtrade

[oldaccount1]

My knowledge is far inferior to the owner of this board, but I would consider it an inverted head and shoulders due to the fact that it was falling hard prior to forming the pattern. It is my understanding that typically C&H's are formed in an uptrend or sideways movement. Well, those are the ones with higher success rates.

But anyway, IMO inverted head and shoulder taking into account previous trend. First resistance was broken today w/ volume, confirming new uptrend.

If my edumucation needs fixin please chime in. Thanks for posting!

chart

By the way, attractive gap above.