Tuesday, February 25, 2020

UE Double Headed Double Short - Update 3


Yesterday while the major equity indices closed amazingly lower and got everybody's attention, UE did nothing. But today we got what we wanted. Finally! Price closed under both necklines.

Like I said last time, we may get a re-test of the necklines, but there's a good probability we'll eventually hit our targets.

Looking forward to seeing what happens with this unusual double headed Head & Shoulders pattern.

No comments:

Post a Comment