Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: Moominoid who wrote (32742)	10/29/1998 10:43:00 PM
From: Chip McVickar	Read Replies (1) of 94695

David, Thank You for your responce on the H&S pattern If I could ask another question..? This is a stock that I follow.... This chart I believe shows a stronge and classic inverse head and shoulder pattern poised for a break out above the neckline. Formation of the left shoulder and neckline is stronge....head and reversal is stronge....the right neckline is well formed and the right shoulder is flat-weak, but accelerating upwards. Also the volume is correct showing strength on the right side. If externals factor in positively...this stock should move up nicely. iqc.com Have I missed anything and is the interpretation correct..? Can you project a price target to the upside also..? Thanks Chip

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