SHLX Inverse Head and ShouldersNYSE:SHLX trade setup:
Inverse head and shoulder bottom
MACD re-crossing positive
20 EMA above 50 EMA and both are upward and accelerating
Last bar was very bullish and broke small trendline
Entry above Friday's high at 12.80
Stop Loss under Nov 1 low at 11.89
Profit target is 15.99
Risk/Reward of 3.5
