Hi Lucky, Mitta (Chucke) & others:
QBE, seems to me 1/2 of HC are watching this; had lotsa charts/comments last cuppla weeks. this in itself cannot be to -ive for a share.
1. My repost of the Head and shoulder (H&S) which IMO actually defined the big downturn & projected $17.51. (by the way this chart once again demonstrates to me the power of the H&S pattern for predicting price projections.)
2. close up of recent price action $17.50ish acting as support
3. so if we have completed movce down (& those shorters are to be overrun) maybe the green p/f below will take over. Lots to like about this p/f as notes on chart show. If its confirmed I will be going llllong aiming for red arrow shown.
GJ
