With FNSR I do see a bit of a reverse Head and Shoulders bottom here.

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Completed and potential reverse head-and-shoulders bottom formations are taking center stage in early 2012, writes Tom Aspray, providing examples and in-depth instruction on how to trade these formations.

FORBES: The Dominant Chart Pattern of Early 2012

In looking through a large number of charts at the end of 2011, I noticed many stock and ETF charts that had either completed reverse head-and-shoulders bottom formations or appeared be forming them.

FORBES: The Dominant Chart Pattern of Early 2012

The daily chart of Apple Inc. ( AAPL) appears to be forming a reverse head-and-shoulders bottom formation.

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Chart Analysis : The iShares MSCI Brazil Index Fund ( EWZ) completed a reverse head-and-shoulders bottom formation last Friday, having closed above the neckline, line a.

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Chart Analysis : The iShares MSCI Brazil Index Fund ( EWZ) completed a reverse head-and-shoulders bottom formation on January 12 when the neckline, line a, was overcome.

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The reverse head-and-shoulders bottom formation has several well-identified characteristics that allow the investor to clearly determine not only the entry point, but also the stop and profit target.

FORBES: The Dominant Chart Pattern of Early 2012

We hit a low of 1, 266 and we have what looks to be forming an inverted head and shoulders on that, with the left bottom shoulder of 1, 291, and we closed today at 1, 314.

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