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With FNSR I do see a bit of a reverse Head and Shoulders bottom here.
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The daily chart of Apple Inc. ( AAPL) appears to be forming a reverse head-and-shoulders bottom formation.
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Chart Analysis : The iShares MSCI Brazil Index Fund ( EWZ) completed a reverse head-and-shoulders bottom formation last Friday, having closed above the neckline, line a.
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Murphy also points to technicals to make the bullish case for gold, observing "a very tight reverse head-and-shoulders pattern" following the break from its high in February.
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Chart Analysis : The iShares MSCI Brazil Index Fund ( EWZ) completed a reverse head-and-shoulders bottom formation on January 12 when the neckline, line a, was overcome.
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The reverse head-and-shoulders bottom formation has several well-identified characteristics that allow the investor to clearly determine not only the entry point, but also the stop and profit target.
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Completed and potential reverse head-and-shoulders bottom formations are taking center stage in early 2012, writes Tom Aspray, providing examples and in-depth instruction on how to trade these formations.
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From early 2008 to the summer of 2009, gold formed a massive reverse head and shoulders pattern that signaled to me that a future spike in prices was on the horizon.
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This year, the technical outlook as we head into April suggests that a higher close could reverse the decline that has been in effect since the September 2012 highs.
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Bolivian President Evo Morales, who is also the head of Bolivia's coca growing union, had campaigned hard to get the UN to reverse what he called a "historic wrong" and lift its longstanding ban on the chewing of coca leaves.
BBC: Bolivia achieves coca-chewing victory at United Nations