You're welcome. Had I known anyone on this board a few months back when I first suspected that a Heard and Shoulders formation was forming, I would have mentioned it at that time. I have not been trading this one. I'm just collecting technical data and interesting chart screen captures for a book I've been writing on Swing Trading. This one would have been a great short sale swing trade for several months now.
You were asking about where I think the price could go on the down side. I don't usually try to second guess the market unless I have a good measuring tool handy in the form of a triangle or such. You can tell from the chart below that the Head and Shoulders Top forecast was achieved and a symmetrical triangle formed at that point providing another target price but at the present time, I have no other measuring tools to estimate with. It appears that there could be a rally of some kind soon because the weekly chart is very oversold right now. EK - Weekly Candlesticks
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