Seems like FING_B builds an inverted head and shoulders!
Hi!
This is my first analysis posted online, so don't be hard on me :)
After breaking an uptrend we entered a turbulent zone which looks like an inverted head and shoulders. If it is so it could take up to 60 days to close the right shoulder with 40% profit. As inverted head and shoulders is a bullish pattern we could expect price jump to 30kr (50% more from head and shoulders) a stock after its finished. Based on the dip of the head.
Any feedback is welcome!
This is my first analysis posted online, so don't be hard on me :)
After breaking an uptrend we entered a turbulent zone which looks like an inverted head and shoulders. If it is so it could take up to 60 days to close the right shoulder with 40% profit. As inverted head and shoulders is a bullish pattern we could expect price jump to 30kr (50% more from head and shoulders) a stock after its finished. Based on the dip of the head.
Any feedback is welcome!