Head and Shoulders watch

[Bigbusiness]

I see lots of these after the event but thought I would start watching them in action. So here is the Reuters daily chart. First target £1.80p with a stop above the right shoulder. If anyone else has spotted a good one, please report it here

 

[options]

good idea BB.
But you may get flooded.

 

[dsmodi]

s'alright to get flooded if at the end your "HEAD AND SHOULDERS" r above water.... lol...arf arf...

 

[options]

(Groan)

Isn't ten o'clock a bit too early to be drinking D m8

 

[ColinRiche]

AAL, GAA
keep an eye on BA, LOG

just a quick scan
.

 

[dsmodi]

hmmm - ops, worst part of all this is I don't drink... so I can't even blame above on drink.....

 

[options]

You mean when you wake up, that's the best your going to feel all day?

Sorry. better stop before BB accuses us of hijacking his board.

 

[cotton]

I agree with what your saying now the support level 1 is broken.
Be careful at 200p as that is the next level 2.
180p is good,
A stronger indication will be if the support level 1 was broken twice
Hard to find

Cotton

 

[Bigbusiness]

There do seem to be a lot of them about at the moment. Here is 3i.

 

[Zofja1]

BNHNA (nasdaq) inverted head and shoulders. right arm almost completed.

 

[Skimbleshanks]

Nice h&s on BNHNA, although it looks too late to go long. And it's just hit its head on the 38% fibonacci.