NOW THAT KACKALA LOST WHICH OF THE FOLLOWING DO YOU MOST EXPECT
View Results
two ways to measure the move of an inverse head and shoulders
which resolve to the upside 98% of the time.
http://www.forex-tribe.com/Reverse-Head-And-Shoulders.php
Moral of the story….stalk the right shoulder.
Because the third times the charm.
Or, view every bear flag formation as a potential left shoulder and stalk the head area for an even better entry.
(this area usually shows some positive divergence for the first time)
our pullback targets around $29 are the same. Again, there is more than one way to skin a cat.
positive divergence in the head area
https://stockcharts.com/h-sc/ui?s=GDXJ&p=M&b=3&g=5&id=p91822717909&a=464935828&r=1466909288230&cmd=print
Not sure on the timeline, will GDXJ stay in rage 42-29 range over next 1 year, I doubt based on global uncertainties.
Moral of the story….stalk the right shoulder.
Because the third times the charm.
Or, view every bear flag formation as a potential left shoulder and stalk the head area for an even better entry.
(this area usually shows some positive divergence for the first time)
our pullback targets around $29 are the same. Again, there is more than one way to skin a cat.
positive divergence in the head area
https://stockcharts.com/h-sc/ui?s=GDXJ&p=M&b=3&g=5&id=p91822717909&a=464935828&r=1466909288230&cmd=print
Not sure on the timeline, will GDXJ stay in rage 42-29 range over next 1 year, I doubt based on global uncertainties.