September 9, 2008

DSPG - Head & Shoulders Bottom

DSPG - Nasdaq.  DSP Group, Inc has formed a potential Head & Shoulder Bottom.  The On Balance Volume is rising, telling us that the buyers are coming back and resuming control of the share price.  The Head and Shoulders Bottom is a chart pattern that can signal the end of a downtrend.  Volume will have to sufficiently expand on the break of the neckline, if a successful trend reversal is to take place. 

Related Posts

No responses to "DSPG - Head & Shoulders Bottom"

No comments yet.

Leave a comment
Name : 
Mail : 
Website : 
Message :