Chart shows a classic topping formation. The main thing to look for is a break in the neckline. He would say that we are about to enter into a bear market pattern for this company.
Standard Pacific is a OTC stock, trading under the symbol SPF-N on the (). It is usually referred to as or SPF-N
In the last year, there was no coverage of Standard Pacific published on Stockchase.
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In the last year 0 stock analysts on Stockchase covered Standard Pacific. The stock is worth watching.
On , Standard Pacific (SPF-N) stock closed at a price of $.
The trend line from May 2011 to earlier this year was broken. It is probably a pretty good example of a head and shoulders top. This was followed by a “Test”. The chart is bearish from every technical perspective that he can talk about.