Kirk's Market Thoughts Message Board

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Non-Tech : Kirk's Market Thoughts

COHR 148.59

-5.2%

9:41 AM EST

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To: Augustus Gloop who wrote (20297)	9/6/2024 3:35:44 PM
From: Kirk ©	1 Recommendation Read Replies (1) of 26475

I was referring to the "Continuation H&S" Breeze posted on the chart I replied to. But now thanks to you and RtS, I see a new potential for a NASTY H&S top if we get much more damage if that neckline you pointed out doesn't hold... like this... if it goes to 90... then I'd expect a test from below and I'd only consider buying if broke and closed above the blue line to break the pattern... which is not even in play since the shoulder hasn't formed.... just to be clear. I still think those mania stocks can fall 95% when all the hairdressers and their clients (literally.... I speak to some who told me it was a buy when it fell to $129 and I said I'm not interested until under $100...) sell at year end for tax loss selling. .

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