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Apple Inc. Message Board

  • dvstro23 dvstro23 Apr 14, 2013 11:25 AM Flag

    Great Example of Inverse H&S: DECK

    Look at inverse left shoulder 09/14/2012 - 10/23/2012 $48 to $37, inverse head 10/25/2012 - 11/26/2012$35 to $28 to $35 and inverse right shoulder 12/07/2012 - 12/31/2012 ($42 to $35 to $40). That's about as obvious as you can get. In case of AAPL, notice the right shoulder in H&S formation was barely noticeable, but it still was a right shoulder. Likewise, I expect only a barely noticeable inverse right shoulder, but once traders see the formation being formed more clearly, then hedge funds are all going to jump in. I want to get in before all the hedge funds pile on.
    For a potential H&S formation, look at LNKD. People are all saying it's a breakout - all I see is a potential head formation. If I see the right shoulder forming, I'm going short.

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