20060303 Close. Daily FKLI chart shows classic Head & Shoulders pattern that broke the neckline 2 March. In hindsight it is always easy to identify this reversal pattern, the trick is to recognise it in real time trading. The normal target would be to project the height of the head down, which would be 934 - 920=14 FKLI points. Target should be around 905-906.




0 Comments:
Post a Comment
<< Home