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andmk2

H&S completed and Fevertree is now bearish

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FEVERTREE DRINKS PLC ORD GBP0.0025 (LSE:FEVR)  
andmk2 Updated   
LSE:FEVR   FEVERTREE DRINKS PLC ORD GBP0.0025
Head and Shoulders Chart Patterns head_and_shoulder Bearish Patterns neckline Stocks stocktrading shares
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headandshoulders chartpattern head_and_shoulder bearish neckline stocks stocktrading shares
On Jul 9th price broke below the neckline. Yesterday retested the neckline and was rejected lower today after a results announcement.

The 200 EMA is sloping down and price is below the 200 EMA.

All in all #bearish
Comment:
Recovery to 2570 but expected to go down from there. DYOR
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