RE: US Stocks - Watchlist and Discussion (Premium)
(2014-06-09, 04:55 PM)shaunattwood Wrote: would you say that SQNM is emerging from a 1 year reverse H&S formation?
I wouldn't say it's a reverse H&S, more of a cup without a handle imo. i.e. the handle is yet to develop even though it's in early Stage 2, but still has some headwinds, such as it's a relatively small base, volume has been weak since the breakout, and relative performance although improving is still flirting with the zero line. So I'd only give it a C grade breakout rating due to the parts of the method not quite there yet.
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.