toot toot***inverted head & shoulders pattern***
****SHOW ME THE MONEY*****
Boral sp makes a solid move after giving us all enough notice that it was about to do so. An almost perfect inverted head & shoulders pattern has now broken above the neck line and is heading north in a hurry. I first took notice of this stock when I saw an ascending triangle pattern taking shape....turns out it was also completing a text book inv H&S.
Check out the charts for yourself....beautiful. Bullish times ahead for Boral.
Other stocks to watch out for with bullish indicators are BOQ(ascending triangle...very reliable pattern), MTT(also an ascending triangle) & BSL(another ascending triangle).
BLD Price at posting:
0.0¢ Sentiment: None Disclosure: Held