A close above 37 would suggest a strong buy. we also have a potential D-leg completion that supports that the SHS-pattern bullish move. However we were just rejected by the SHS-patterns neckline and there is not a lot of resistance toward 30. I will be looking for support confirmation @30 for a buy
As we see, here is a nice shoulder-head-shoulder formation coming to bring us profits. if the neckline breaks, we do have an entry, if not, dont worry, next chance is just round the corner
Great educational pattern.. There s shoulder-head-shoulder sign, it probably going to downwards. I dropped my forecast as blue path on it. But! But this stock already announced a superb balance sheet, i can expect an unique miracle. Well, i shut off my typing and lets see what its goin to be.
At the 240M the second shoulder is about to form. Looks like price will form a candlestick pattern on the 240M which is a Double Top on the 60M. Perfect run: Shorting the second shoulder for a "neck break" Going long in support until the rebound to the neck then Short trend continuation