Solid Head and Shoulders
Classic, finally showing the regression back to .16, comparable to .13. I do feel like it could linger here for the next breakout or big drop. Fear is keeping me out. Not sure this is the right time to quote Warren or not, but I’m feeling a bit fearful...not enough to be greedy.
“We simply attempt to be fearful when others are greedy and to be greedy when others are fearful.”
See how the current shoulder has retraced to align with the April 22nd low of .13?
See what this means in technical analysis speak here:

Comments
Post a Comment