I know what this nautical chart designing is called:
No, it's non a 'head-and-shoulders', it's the 'non-stylized' Bat Signal!
Here's the stylized version via the Wall Street Journal's MarketBeat blog, Apr 2013:
Buy Signal? Sell Signal? No, It’s the ‘Bat Signal’
Talk almost your caput as well as shoulders pattern.
Traders as well as marketplace position observers accept been passing some an amusing weekly nautical chart of Alcoa Inc. shares inwards which the stock drive seems to draw out what looks similar an icon of Batman’s head.
Take a expect at the chart:
Now, expect at a flick of the Dark Knight himself:
Whoa.
You're welcome.
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