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Strategies & Market Trends : MP - Market Pulse
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To: HairBall who wrote (472)7/11/2001 10:32:28 AM
From: mtnlady  Read Replies (2) of 1328
 
LG, what is the rule on head and shoulder formations? How far below the 'neckline' (if that is the right term) do they usually resolve to. I am looking at APC and trying to figure out how far it will fall (and thus a possible entry point). To my very untrained eye it looks like a massive head and shoulders formation that is being resolved now. I sold in the high 60's and stood aside. Trying to figure out now approx. where might be the point to enter back in. Low 40's? Thanks!
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