Kirk's Market Thoughts Message Board

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Non-Tech : Kirk's Market Thoughts

COHR 138.60

-3.1%

1:56 PM EST

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To: Kirk © who wrote (996)	3/31/2014 10:57:23 PM
From: h_	Read Replies (1) of 26579

Hi Kirk, congrats on the 1000 post milestone. Regarding your "perverted H&S" below. I agree with your nomenclature because if it's supposed to be a reversal pattern, it needs a trend to reverse, and the trend is clearly up, with the neckline at the peak, so one would expect a non-inverted H&S for a reversal pattern. FRX, however, has a proper inverse H&S because there's a downtrend preceding the reversal pattern of an inverted H&S.

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