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Smiths DS: SMDS Head and Shoulders breakout
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13 years 1 month ago #3357
by manfrombrussels
Replied by manfrombrussels on topic Smiths DS: SMDS Head and Shoulders breakout
The high being the high of the head and not the left shoulder ?
Thanks for your help.
Thanks for your help.
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13 years 1 month ago #3356
by remo
Replied by remo on topic Smiths DS: SMDS Head and Shoulders breakout
The play is still valid as long as the price dont go above the high. At which point it will be a false one.
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13 years 1 month ago #3343
by manfrombrussels
Replied by manfrombrussels on topic Smiths DS: SMDS Head and Shoulders breakout
Just wondered on people's thoughts as to whether the head and shoulders is still on here, looks like it to me.
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13 years 1 month ago #3027
by remo
Smiths DS: SMDS Head and Shoulders breakout was created by remo
This looks bearish with a Head and Shoulders breakout and a 123 high.
There is also divergence on the RSI which is really clear to see.
Stops should be above 209 so small risk .If your brave then you can put the stop closer at 206
The head and shoulder has come right at the height of this share
DYOR
There is also divergence on the RSI which is really clear to see.
Stops should be above 209 so small risk .If your brave then you can put the stop closer at 206
The head and shoulder has come right at the height of this share
DYOR
The following user(s) said Thank You: ftse80, manfrombrussels
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