I could argue that we could be forming a (very lobsided) 6 month head & shoulders pattern with neckline at 5180/50. We should meet resistance at 5565/75 & shorts need stops above 5585.

A head and shoulders pattern on a stock chart includes three peaks with the middle being the highest. It’s been a reliable indicator of a coming bull-to-bear reversal. Learn more.

Tesla Motors’ stock’s latest bearish technical signal, a head-and-shoulders reversal pattern, warns of a potential selloff of roughly 25% that would send it to the lowest level since January.

A head and shoulders pattern is a formation on a technical analysis chart that indicates a security or commodity is in the process of reversing gains or losses.

The head and shoulders chart pattern is a powerful tool in technical analysis, widely recognised for its ability to signal potential trend reversals in financial markets.

I could argue that we could be forming a (very lobsided) 6 month head & shoulders pattern with neckline at 5180/50. We should meet resistance at 5540/50 & shorts need stops above 5560.

Benzinga explains how stock chart patterns work and how to utilize them while reviewing some of the most telling patterns in the marketplace.

A bullish chart pattern in small-cap index Russell 200 index suggests that the broader market may have a lot more room to run beyond its record levels, according to Asbury Research.

Inverse Head and Shoulders Pattern: A Complete Trading Guide What is head and shoulders chart pattern? The inverse head and shoulders pattern is a powerful technical analysis tool that can help ...

The head and shoulders pattern is a chart formation used in technical analysis that signifies the reversal of a bullish or bearish trend.