Goldman Sachs Head & Shoulder Top

Still looking at this stock

Break line appears to be 180-195


Any comments on what makes this pattern 'not' a head and shoulders top?
 
From an Elliott Wave perspective, the move from ~240, the early October high, down to ~212, the mid-October low, up to ~250, the late October high, and down to ~202, the early November low, represents an "expanded flat correction", a type of continuation pattern.......the continuation being higher. The stock seems to be taking a rest before rallying in 2008. We'll see.
 
Quote from nazzdack:

From an Elliott Wave perspective, the move from ~240, the early October high, down to ~212, the mid-October low, up to ~250, the late October high, and down to ~202, the early November low, represents an "expanded flat correction", a type of continuation pattern.......the continuation being higher. The stock seems to be taking a rest before rallying in 2008. We'll see.
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Stock must rally. They´re subprime short. Hedge Funds long. Private Equity long. And Abby Cohen sees S&P rising 14 % in 2008. Any chance to do wrong ? :D :D :D
 
Suss-------When Giselle wants to be paid in shares of GS, that will be the time to sell! Keep an eye & ear on the fashion news until then. :p
 
Quote from nazzdack:

Suss-------When Giselle wants to be paid in shares of GS, that will be the time to sell! Keep an eye & ear on the fashion news until then. :p
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I´ll do ! LOL !!! :p
 
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