Showing posts with label inverted head and shoulders pattern. Show all posts
Showing posts with label inverted head and shoulders pattern. Show all posts
Friday, December 16, 2011
Sirius XM Radio (SIRI) Stock Chart Analysis
The SIRI stock chart has made an inverted head and shoulders pattern. Support is at $1.60 from the shoulders and resistance is at $1.95. A breakout of the pattern could test old highs around $2.45.
Monday, December 12, 2011
Glu Mobile (GLUU) Stock Chart Analysis
The Glu Mobile stock chart is making an inverted head and shoulders pattern. Resistance from the neckline coordinates with the 200 day simple moving average, Technical traders will be watching for the break of the resistance as the upside is significant should the pattern continue to play itself out.
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