GREY:LACHF - Post by User
Comment by
dollpartzon Jan 12, 2010 11:07pm
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Post# 16671711
RE: lma ' s chart
RE: lma ' s chartIt would have to descend to the neckline and penetrate it. It is said it must close below the neckline and not just trade below to confirm the pattern.
Anyway, it's a trend-reversal pattern indicating possible reversal of price trend as you probably know.