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:
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—Rosa Luxemburg (1871–1919)
“As Labor is the common burthen of our race, so the effort of some to shift their share of the burthen on to the shoulders of others, is the great, durable, curse of the race.”
—Abraham Lincoln (1809–1865)