HUI Doodles
For Symmetry Lovers
Note that was an important trend line breakdown in August
We have been backtesting since then
It is kind of a convoluted backtest but when all is said and done this still may turn out to be a Halfway pattern
A double H and S Continuation…targeting 100.
Unless we take out that trendline above I am remaining sceptical of any rally.
My 2 cents
Agree with you on the skepticism until those resistances are overcome.
yup , 2 cent stocks ahead and many go zero, cannot believe down this road again on some holdings.
Be careful of the obvious here, IMHO
Usually ending “C” waves of a corrective period – DO breakdown as part of their ending sequence – to set-up the next impulsive move higher, FWIW