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Is this a head and shoulders pattern? Stocks..?
Ticker symbol ATI, from mid March to June...looks like it to me but the head has a little split...don't know...someone with good knowledge know?
3 Answers
- cactusgeneLv 710 years agoFavorite Answer
Here, see if you can get an answer from those encyclopedia definitions:
http://finance.yahoo.com/q/bc?s=ATI+Basic+Chart&t=...
- John WLv 710 years ago
As with so much of technical analysis, you will only know if it was truly a head and shoulders pattern after the fact. If it drops off then it was a heads and shoulders but if it goes back up then it was merely a little resistance.
- 10 years ago
it is the price action of a head and shoulders but.... the volume is not . in a head and shoulders pattern the volume on the second shoulder has to be considerably less than the first shoulder and head .
