Bullish Inverse Head & Shoulder Breakout In Play

Some stocks don't have much to brag about over the past couple of years and below we look at one of them!

Mylan (MYL) has had a rough go of it the past two years as it lost nearly 50% of its value. During this decline could a pattern opportunity have formed. Possibly!

Below looks at MYL over the past 5-years-

Another thing that catches our attention is the large unfilled gap that took place back in 2015 at the $65 zone. Often times “Gaps” end up getting filled. If this gap would get filled, MYL would make some nice gains from current levels.

Print Friendly, PDF & Email
No tags for this post.

Related posts

Leave a Reply

Your email address will not be published. Required fields are marked *