Ta 101

[mgabriel01]

For my own edification (and improving my ability to interepret a chart!)

Does anyone have a chart of a good example of a Head/Shoulders top occuring in the past 12-18 months?


Thanks in advance for your help!

 

[Lucrum]

Non of the few markets I follow have had one that I've noticed recently, although admittedly I'm not looking for that pattern
to begin with.

http://www.chartpatterns.com/headandshoulders.htm

 

[mgabriel01]

Thanks for responding
Its really just an excercise on my part to learn how to identify the patterns

In several books I have read - certain aspects - like the left shoulder forming on high volume are pretty clear


other aspects - like what kind of upward movement qualifies as an uptrend


things like that


but thanks for the response none-the-less

 

[ess1096]

Quote from mgabriel01:

For my own edification (and improving my ability to interepret a chart!)

Does anyone have a chart of a good example of a Head/Shoulders top occuring in the past 12-18 months?


Thanks in advance for your help!

http://finance.yahoo.com/q/bc?s=FINL&t=5y&l=on&z=l&q=c&c=
I posted a H&S chart on ET of FINL back in January 2007 when it was around $12.00....it went under $3.00 recently. I had Puts but sold them a while ago.