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Investments glossary

Neckline


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The neckline is a level of support or resistance found on a head and shoulders pattern that is used by traders to determine strategic areas to place orders. A neckline connects the swing lows (which occur following the first two peaks) of the head and shoulders topping pattern. A move below the neckline signals a breakout of the pattern, and indicates that a reversal to the downside of the prior uptrend is underway.

Chart patterns to make $$$ - Intermediate Class #3
Chart patterns to make $$$ - Intermediate Class #3
Title
Chart patterns to make $$$ - Intermediate Class #3
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2:15:28
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9,566
Date posted
Apr 30, 2020
THIS STOCK WILL EXPLODE NEXT WEEK!🔥
Title
THIS STOCK WILL EXPLODE NEXT WEEK!🔥
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12:41
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4,243
Date posted
Feb 5, 2022
Bitcoin pathway to $20,000?! H&S Pattern Neckline Tested
Title
Bitcoin pathway to $20,000?! H&S Pattern Neckline Tested
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1:55
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34
Date posted
Jun 22, 2021

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