Well fellas ..depicted over the last 6 weeks on the daily is an...

  1. 13,576 Posts.
    Well fellas ..depicted over the last 6 weeks on the daily is an inverted head and shoulder formation..we r currently forming the right shoulder which is near complete..
    the inverted neckline is slanting upwards ..meaning that the formation at hand is more powerful and more reliable than the straight inverted neckline..
    So what r we to expect in coming days?..if my analysis is correct in spoting this lovely inverted formation..then by the 25th of this month we should be at .034 level( the neckline) if we break it then the 52 week high comes into play..
    When does this formation become void?.. anything under .02 cents and the formation is no longer valid...
    What would u consider the right shoulder's culminating height to be?....027 should hold ..a rise in coming days would confirm that the formation is in play..

    I hope this helps a little fellas..trying my best to keep ura holders informed of what formations are developing in amongst each other..larger formation bump and run.. short term ..inverted head and shoulders..
    Time will prove me wrong or right..the waiting begins..
 
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