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To: Shack who wrote (111002)1/2/2005 9:59:05 PM
From: Galirayo  Read Replies (1) | Respond to of 209892
 
Shack .. Ok ... I've seen this pattern / formation a lot recently.

For lack of better terms. What should I call it?

I can't find anything to describe it unless it's an Upward W .

I've called it that before too.

Ray



To: Shack who wrote (111002)1/2/2005 11:13:33 PM
From: cthruu  Respond to of 209892
 
Here is an example of inverse H&S pattern I posted back on Dec 5 another thread.

Message 20829384

GS came out of the pattern back in October. It also made the measurement of 107 last month and resistance 109. now it is pulling back into a handle. The head bottom was made in July. Unfortunately I have deleted those charts from ttrader.com/mycharts.

I am long AMR from 10, when it re-tested the neckline.


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