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If you’re looking to add a position, the formation of an inverse head and shoulders, with a stock price breaking above the neckline, often indicates a bearish trend has ended and the stock is poised for higher highs. In such cases, set your buy-stop price just above the neckline. The inverse head and shoulders as the name implies is the opposite of the head and shoulders top pattern. It is the trend reversal pattern found at the end of a downtrend. Identifying Inverse Head and Shoulders Chart pattern