Chart Patterns & Algorithmic Trader (82) MXIM Failed H&S Pattern MXIM Earnings 10/19/17. MXIM is trading in Failed H&S Pattern. MXIM traded below Neckline (44.09) on 8/18 to confirm H&S pattern. Price quickly reversed and traded above neckline as a first clue that pattern may be not complete. MXIM traded above trendline connecting the high of Head and high of RS to give its first clue that H&S may be a failure. Finally on 9/29, prices traded above high of RS to confirm failed H&S pattern. www.surinotes.com
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