Has the \'head-shoulder bottom\' formed?

Copy of "head-shoulder" bottom definition

From Chapter seven of Technical Analysis of stock trends by Edwards on Page 71 and 72

 A.  A decline, climaxing a more or less extensive downtrend, on which trading volume increases notably, followed by a Minor Recovery on which Volume runs less than it did during the days of final decline and at the Bottom. This is the "left Shoulder"

 B.  Another decline that carries prices below the Bottom of the left shoulder, on whihch activity shows some increase (as compared with the preceding recovery) but usually does not equal the rate attained on the left shoulder decline, followed another recovery which carries above the bottome level of the left shoullder and on which activity may pick up, at any rate exceed that on the recovery from the left shoulder. This is the "head".

 C  A third decline on decidedly less volume than accompanied the making of either the left shoulder or head, which fails to reach the low level of the head before another rally starts. This is the "Right shoulder".

 D. Finally, an advance on which activity increases notably, which pushes up through the neckline and closes above by an amount appoximately equivalent to 3% of the stock's market price, with a conspicuous burst of activity attending this pennetration. This is the "confirmation" or "breadout".

Activity in Head-and-Shoulders Bottom Formation begins usually to show uptrend characteristics at the start of the head and always to a detectable degree on the rally from the head. It is even more marked on the rally from the right shoulder. It must be present on the penetration of the neckline, else the breakout is not to be rellied upone as a decisive confirmation.

A. checked

B. checked for the first part. (  Another decline that carries prices below the Bottom of the left shoulder, on whihch activity shows some increase (as compared with the preceding recovery) but usually does not equal the rate attained on the left shoulder decline, ). NOT the second part (followed another recovery which carries above the bottome level of the left shoullder and on which activity may pick up, at any rate exceed that on the recovery from the left shoulder. This is the "head".). Volume only picked up on March 20. Then keeps at low level. Look at the volume in the rally of left shoulder, Jan 23,24,30 and Feb.1.>> March 24,25, 31, and April 1 (forming the head).

 C. checked

 D. How to you think?? (Finally, an advance on which activity increases notably, which pushes up through the neckline and closes above by an amount appoximately equivalent to 3% of the stock's market price, with a conspicuous burst of activity attending this pennetration. This is the "confirmation" or "breadout".
 Did you see any conspicuous burst of activity compared with the activities in the rallies of left shoulder and head? And neither 3% yet.

Volume should be paid attention to with the formation of the pattern.

Let's see what's going on.