Rounding Top Chart Pattern

The video covers a technical chart formation known as the rounding top.  The rounding top occurs after a strong up move and signals that the momentum has slowed down and that the stock is vulnerable to a breakdown.  Many times, the head & shoulders top can be a form of a rounding top. 

The speaker provides a few examples and even illustrates what to do when the pattern does not work out.
Tim Ord
Ord Oracle

Tim Ord is a technical analyst and expert in the theories of chart analysis using price, volume, and a host of proprietary indicators as a guide...

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