This Head and Shoulders Pattern Looked Perfect… Until It Failed!

Video from Dave Keller CMT showing Perfect Setup vs. Failed Pattern

Chart patterns don’t always play out the way we expect. 

In this video, David Keller, CMT, breaks down one of the most common chart patterns — head and shoulders — and shows what happens when things don’t go according to plan. 

Using examples from Johnson & Johnson (JNJ), Dominion Energy (D), and Nucor (NUE), Dave walks you through the different phases of a valid pattern, how to measure targets, and how to identify signals that confirm (or invalidate) a move. 

You’ll also learn why a failed head and shoulders pattern isn’t necessarily bad news. It can sometimes be a sign of unexpected strength and potential bullish setups. Dave explains how to spot those clues early and avoid jumping in too early by waiting for clear triggers and confirmations.

This video premiered on October 27, 2025. Watch on StockCharts' dedicated David Keller page!

Previously recorded videos from Dave are available at this link.

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