A technical analyst notices that a head-and-shoulders bottom pattern is forming, and the right shoulder has just broken the neckline. What action, if any, is she likely to take? Buy the stock immediately Sell short the stock immediately Buy the stock only if heavy volume confirms the price trend Sell short the stock only if heavy volume confirms the price trend

Answer rating: 100% (QA)

A headandshoulders bottom pattern is typically considered a bullish reversal p... View the full answer