HOLLOW POINT TRADING MARKET BRIEF
What this market video covers
A sloped neckline does not have one fixed price. In a head and shoulders pattern, the neckline connects the reaction lows. If those lows differ, compare price with the line at the time being tested. This historical Qualcomm IEX example demonstrates the arithmetic with two declared observed lows, not a confirmed head and shoulders pattern. The first low…
Use this analysis as general education. Confirm current prices and conditions independently, define invalidation before entry, and size every position for the loss you can actually tolerate.