tangurin

Investor massive head-and-shoulder?

Short
OMXSTO:INVE_B   INVESTOR AB SER. B
It looks like a big head-and-shoulder with a target around -30% to -40%

I am being careful to be too bearish when I am doing these analyses. I don't want to be trapped outside the market when it all make a u-turn. Though I am believer of re-tests. If we do a breakout of the last lower-low, I believe that Investor is going to test the previous structure at 140sek, (-25% from current price). If the head-and-shoulder common target practices will follow through, I think we go to the structure level around 100sek-120sek
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