thanks Psalty
Yes, the correct technical term is “inverse head and shoulders pattern” OR “inverted head and shoulders pattern” - which is both extremely reliable and extremely bullish
we are going “at a minimum” all the way back to $1.165 based on the measured move from the breakout of the neckline
because it’s so reliable this is one of my favourite chart patterns
https://www.google.com/search?q=inverse+head+and+shoulders+pattern&rlz=1CDGOYI_enAU980AU982&oq=inverse+head+and+shoulders+pattern&aqs=chrome..69i57j69i60j0i512l8.9386j0j7&hl=en-GB&sourceid=chrome-mobile&ie=UTF-8
THE SQUEEZE IS ON, page-251
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Last
$1.49 |
Change
-0.055(3.57%) |
Mkt cap ! $1.440B | |||
| Open | High | Low | Value | Volume |
| $1.53 | $1.57 | $1.49 | $6.365M | 4.214M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 37053 | $1.49 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.50 | 78329 | 5 |
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| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| DYL (ASX) Chart |