Head&Shoulders Pattern at ADSK Stock

[Marketing Jack]

:clap::smart:

 

[dbphoenix]

Actually it's not a head-and-shoulders. The volume's not right. It's just a range. Which doesn't mean that price can't break through the lower limit of the range, but it won't have anything to do with the H&S dynamic.

Db

 

[Marketing Jack]

Actually it's not a head-and-shoulders. The volume's not right. It's just a range. Which doesn't mean that price can't break through the lower limit of the range, but it won't have anything to do with the H&S dynamic.

Db

If we all had they same minds, thoughts and analysis, there were no market, no winners, no losers.

The day started with large gap and the stock shows downtrend.

 

[dbphoenix]

If we all had they same minds, thoughts and analysis, there were no market, no winners, no losers.

True. However, an H&S is defined by a particular volume pattern. Otherwise, it's just a range.

Db