PHG. Kilroy (head-and-shoulders) bottom

If you’re looking for  stocks to buy (and that is not a bad hedging strategy at present) here is a classical bottom in PHG (Phillips).   In addition there was a speculative buy signal today.  The more conservative  will wait for it to clear the fence line (neck line) but the pattern is really nearly perfect.

This Post Has 2 Comments


    Not a comment but a question. What was the speculative buy signal in this security?


    Jeff Richardson

  2. WHC Bassetti

    The gap before the last day on the chart, and the strong bar after the gap.

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