bearish head and shoulders formation, page-6

full of fgl....sharts rpt post with a couple of other charts
from the reply on the General forum Head and Shoulders Question

FGL chart
a little unclear re the Head and shoulders,
It has recently come off a failed RHS at 455
435 appears to be the breakout point from major down trend light blue, It is currently contained by the minor median lines dark blue,
long lowershadow is positive on close...422 appears critical


paste URL if interested
http://www.geocities.com/mad_macs_au/FGL060603a.png


re the comments on Head Shoulders ID this reverse HS shows an approximate of where FGL is presently on the potential Break out point RS,
using that reference it needs to break at 450 mark .
Arthurs post mentions 440 mark
this chart, as close as I can guess his Gann start points.
(Hope you dont mind arthur)
paste URL if interested
http://www.geocities.com/mad_macs_au/FGL060603b.png

rpt chart
long lower shadow most significant on testing support resist levels

Profitunity in grey
"ambiguous" lol

http://www.geocities.com/mad_macs_au/FGL060603c.png