The Quick Takes Pro blog by Michael Kahn, CMT about anything that might affect your portfolio.
Mike, I remember you saying two things over the last few months, 1) the market always does the opposite of what most expect 2) you didn't think the H&S neckline could be considered broken because too many people were looking at it. That being said, a wedge for the right shoulder of a H&S is extremely bearish. And now no one is talking about a H&S top...
Agreed, headed lower from the most recent top. Potentially much lower, but the mkt has the final say.
William,I have read a lot about that rising wedge so naturally I don't believe it. But I do indeed consider that H/S again.
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