inari

hi Stephen

Is inari forming top head & shoulder ?

BR

Tom ek

Comments for inari

Average Rating starstarstarstarstar

Click here to add your own comments

Feb 09, 2018
Rating
starstarstarstarstar
Not a perfect one
by: Stephen

Hi Tom,

It is not forming a perfect head and shoulder pattern. But one thing im concerned is that it is making a lower high which is something not good.
But if you look at the weekly chart, the stock is still above its rising weekly 20 MA. Therefore we will not condemn this stock unless it drops below the rising weekly 20 MA.

Click here to add your own comments

Join in and write your own page! It's easy to do. How? Simply click here to return to Ask Me A Question Regarding Stocks.

  • If you like this article, consider starting the Stock Market Course. It is free and jam packed with great information for newbies.
  • Want to have updates on the financial markets? Join my Telegram Channel. Dstockmarket Chat Group
  • Help support this page and press the Facebook Like button below. Thanks!

Join Dstockmarket's Facebook Page 

Recent Articles

  1. US Stock Market Analysis May 6 To May 10 2019

    May 06, 19 06:04 AM

    Technical analysis of the US stock market with coverage of futures.

    Read More

  2. KLCI Analysis 6 May To 10 May 2019

    May 06, 19 05:46 AM

    Step by step technical analysis of the KLCI Malaysian stock market.

    Read More

  3. Stock Market Analysis April 2019

    Apr 22, 19 06:55 AM

    A technical analysis of the US stock market. I go through the major indices of the US market and see where it is likely to go.

    Read More

  4. Technical Analysis Of Hang Seng Index : Market Outlook

    Apr 22, 19 06:47 AM

    Technical analysis of the Hang Seng. Learn how the Hong Kong stock market is doing and where it is likely to go.

    Read More

  5. Technical Analysis Of Maybank

    Apr 22, 19 06:36 AM

    Technical outlook for Malaysia's biggest market cap stock.

    Read More