Chris Rowe

Chris Rowe

1p

1 comments posted · 1 followers · following 0

13 years ago @ InvestorPlace - Just Another Bear Mark... · 0 replies · +2 points

Good point on the volume. There have been many bear traps AND bull traps. Light volume doesnt' mean we can't see higher prices. But it's likely unsustainable. Heavy volume is SO much more important in a break of the neckline in the REVERSE H&S formation than it is in the regular H&S. Volume on upside breakouts is more important than on support level breakdowns.