Head And Shoulders (chart Pattern)
On the technical analysis chart, the Head and Shoulders formation occurs when a price trend is in the process of reversal either from a bullish or bearish trend; a characteristic pattern takes shape and is recognized as reversal formation.
Read more about Head And Shoulders (chart Pattern): Head and Shoulders Top, Head and Shoulders Bottom, Importance of Neckline, Characteristics, Usage As A Tool, Complex Head and Shoulders
Famous quotes containing the words head and/or shoulders:
“It’s sort of a shock to see your head detached that way.”
—Crane Wilbur (1889–1973)
“One man with a head on his shoulders is worth a dozen without.”
—Elizabeth I (1533–1603)