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TOPIC: Inverse Head and Shoulders Bottoms...take 2?

Inverse Head and Shoulders Bottoms...take 2? 15 Nov 2017 12:11 #1

I thought I would re-start a "fresh" thread on this type of chart pattern at the request of a few who wish to contribute by posting only "on-topic" postings.
My entry in this week's Weekly Comp'n, RDR(1st chart) has been linked to two other stocks, WGR and MLS, with possible future merger claims/speculations. Whilst RDR's Chart isn't your 'normal' RHS pattern its what some T/A'ers see as a variation...maybe its a "Reverse" Ascending Triangle. Anyway, its the possible/probable Reversal Patterns of both MLS and WGR that is of interest for this thread...just posting a simple Price Chart only at this stage to get things started.

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