SHV P&F Chart Analysis EOD 06/11/2015.

It is and may be very¬†useful to have some sort of an idea of what the extend of the move may be, UP or DOWN. For that P&F charts can/may play an important role. Some of the tentative price objectives work some don’t.

We are looking at the 3 Box Chart of SHV. Box Size 10 cents, Daily, H/L below and it is telling us that the TENTATIVE BEARISH PRICE OBJECTIVE is @ $6.15.

Question is will it be met or how close we may get to it ? No one knows the answer to that question.

shcpnf

Disclaimer

All the information and analysis provided on this website is general in nature and for educational purposes only and does not constitute financial advice. No content in any way implies a recommendation to buy, sell, hold or short sell any financial instrument, nor is it financial advice.

Investing and trading in financial markets carries considerable risk, and should always be done in consultation with a licensed financial adviser taking your personal circumstances, financial situation, objectives and needs into consideration. The information on this website is no substitute for financial advice.

 

 

Comments are closed.