Article Archive For
Kenny Gilliland
Head & Shoulders Failure by Kenny Gilliland
ARTICLE SYNOPSIS ...Head & Shoulders Failure by Kenny Gilliland
How can you effectively trade one of the most recognizable chart patterns?
Imagine this scenario: You are reviewing the charts of stocks that recently declined when a pattern jumps out at you from the screen -- a head & shoulders formation. You place a stop market order to sell the stock short once the neckline is pierced. The order is ultimately filled and you wait for the stock to head south. At first, it declines slightly and then begins to move sideways for a week before heading up and back through the neckline. Luckily, you placed a stop order ...
AUTHOR: Kenny GillilandDATE: OCT 2009SUBJECT: Chart Patterns
AUTHOR: Kenny GillilandDATE: MAY 2009SUBJECT: The Chartist
Working Money: The Stepchild of Chart Patterns by Kenny Gilliland
AUTHOR: Kenny GillilandDATE: AUG 2009SUBJECT: The Chartist