Volume is supportive - it fell while forming the right shoulder,
and is now rising again. There has been divergence on the
MACD for a couple of months. The stock rose yesterday in
a falling market.
Measures up to about 11.
caution: this is a Chinese reverse takeover, which has been
accused twice of false accounting
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HOGS forming inverse H&S?
Posted by johan on 20th of Sep 2011 at 09:29 am
Is HOGS daily forming an inverse H&S?
Volume is supportive - it fell while forming the right shoulder, and is now rising again. There has been divergence on the MACD for a couple of months. The stock rose yesterday in a falling market.
Measures up to about 11.
caution: this is a Chinese reverse takeover, which has been accused twice of false accounting