Looking specifically for a software application or Online tool that I can use to identify stocks that are forming (or have formed) a bullish Inverse Head & Shoulders bottoming pattern.
Jim Z
Favorite Answer
head and shoulders patterns are exactly what the term says. Inverse is the same thing upside down. The pattern is simple. Search head and shoulders pattern. We are developing an inverse H & S pattern on the S&P presently. Left shoulder is formed. Head is formed. Now we want to see if the RH Shoulder is formed. H&S patterns are not a prophet, they are only a pattern. They are a warning signal.
Anonymous
Stock Pattern Screener
Marcia
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