I was studing H&S pattern and GTE is missing main ingredient to head and shoulder pattern.
CMF needs to be very positive and green from head to right shoulder and GTE does not have that. In fact it's huge negative.Also if this was H&S contiunation next day would continue. GTE today sunk 7.5%. MM's put a good bait on us.
All in my opinion. GTE pattern are all wacky. Fake pannents and now H&S. Manipulation still is happening IMO. I thought we had a turn around but now it looks like target of $1.00 or $0.92 still is on track.
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