This patttern is gold

20 янв. 2014 г.

Head and shoulders pattern waiting for confirmation. If this breaks out, there's no stopping this stock. Head and shoulders reveral pattern once confirmed has a VERY high accuracy. Stock is trading just over the 50% fib line and the neckline of the pattern. Price Target would be around the 76.4% fib line $18.67. Stop-loss would be just over the 38.2% fib line at $21.39 just incase the stock continues it's uptrend. I am not trading this stock, but this is the way I see it.