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Theo
The way that I determine a H & S objective, is to measure the distance from the extreme of the head, to the neckline. That measure
can be used from the neck line break, to the probable objective.
As is so often the case with technical analysis, this rule of thumb is an art, and is in no way science.
Thanks for pointing out the wicked looking BCRM formation.
Do you have the courage to short this puppy? Daytrade shorts are in the money today.
Larry
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