Technical_Analysis_page_357

Technical | Analysis page 357 | https://thedailydialectics.com/pdfs/economics/Technical_Analysis/Technical_Analysis.pdf

328 Part IV Chart Pattern Analysis 4 Price Breakout Neckline Entry Throwback Left Shoulder Right Shoulder Head FIGURE 15.15 = Head-and-shoulders bottom with breakout up The bottoms between the peaks form a recognizable trend line. Technicians call this line the “neckline.” Although the neckline is…