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Old 11-05-2007, 05:34 PM   #1
sky

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Chart Pattern

Hello all, I'm new here so I hope that I'm posting this question in the right place. My question is when an Inverted Head and Shoulder Pattern appears in an uptrend, is it forecasting a reversal? and can you reach a target price with a break of the neck line as you would a Head and Shoulders Pattern. and will that target price act as resistance, before the reversal?
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Old 11-06-2007, 01:08 AM   #2

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Re: Chart Pattern

Post some examples sky and you may get some more response to your question.
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Old 11-07-2007, 10:56 AM   #3

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Re: Chart Pattern

I don't think there's enough stuff on the chart.
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