Current actual is below. This could turn out to be a giant head and shoulders but the shoulder symmetry isn't very good so I don't see that as a sure thing. But it might happen leading to a sub $20 price for FXI.
Thursday, February 25, 2016
[FXI] update
In the backlink I wondered if shorts should be worried but also carried forward the model below.
Current actual is below. This could turn out to be a giant head and shoulders but the shoulder symmetry isn't very good so I don't see that as a sure thing. But it might happen leading to a sub $20 price for FXI.
Current actual is below. This could turn out to be a giant head and shoulders but the shoulder symmetry isn't very good so I don't see that as a sure thing. But it might happen leading to a sub $20 price for FXI.
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