November 13, 2016
US Stock Analysis
Head and Shoulders Chart Pattern
The pattern start with left shoulder is made up of a high followed by a low. In a Head and Shoulders pattern, the neckline is a level of support. HS pattern slow down an upward trend. Because uptrend is a period of successive rising highs and rising lows. The head and shoulders chart pattern, therefore, illustrates a weakening in a up trend by showing the deterioration in the successive movements of the highs and lows.
Wipro Limited | WIT Stock Analysis and Head and Shoulders Chart Pattern
WIT | Wipro Limited Chart Analysis with Head and Shoulders Chart Pattern
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Moses US Stock Desk
AmiBrokerAcademy.com
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