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bluespark96

Reverse H & S on DIA breakout?

Long
SPDR Dow Jones Industrial Average ETF (AMEX:DIA)  
bluespark96 Updated   
AMEX:DIA   SPDR Dow Jones Industrial Average ETF
Chart Patterns breakoutsetup breakout
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chartpattern breakoutsetup breakout
Looking at a reverse Head and Shoulders pattern on DIA. If it breaks out, a measured 100% move takes it right to the all time highs from 2021!
This in my mind is likely and is where we may finally go down again.
Thoughts appreciated!
Comment:
DIA finally made a robust breakout with the target at the previous all time highs around 370. Any stops could probably be safely moved up to to about 344 at this point.
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