PSY TA thread, page-208

Hi Everyone,

Below is an updated chart with the reverse head and shoulder pattern which we observed in the making at the beginning of last month. The price did exactly as Seagull predicted and dropped down to .165c (hats off to you Seagull ). It's taken a little longer than anticipated to develop but it seems like we could be winding up now for the last push above the neckline... and maybe this time it really is up, up and away ??...



And here is the hourly equivolume chart (the wider the bar the higher the volume) which shows the day traders cashing in their profits yesterday (imo).



cheers PC