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psychocharttrader

06/22/18 3:12 PM

#47729 RE: halpern6 #47728

Sorry, you need to specify a timeframe and where you see the head and shoulder. If you're talking about the small timeframe from june 13-18, yes on hourly, possible.

psychocharttrader

06/22/18 4:07 PM

#47734 RE: halpern6 #47728

Do you know what I see?? I see a huge run up in a stock, on a weekly timeframe I see a momentary pause, a consolidation shall we call it, which has retraced down to the 38.2 fib, and to me it seems like it's a cup continuation pattern. Point is, there are millions of traders looking at an equity at the same time, seeing different things, that's what makes up a chart. And if in fact it is a momentary consolidation on a WEEKLY timframe, massive gains are a cometh

BrokeAgent

06/22/18 4:39 PM

#47740 RE: halpern6 #47728

319,000 shares is not exactly heavy sell volume. I don't see the head and shoulders pattern. We have been consolidating nicely in this range.