-POSSIBLE HEAD AND SHOULDERS REJECTION PATTERN WITH A TARGET OF 68$ - RIGHT ON SUPPORT
-REJECTION CANDLE FROM 84$ WITH MULTIPLE PREVIOUS REJECTIONS FROM THE ZONE.
-INCREASING BEAR VOLUME ON RIGHT SHOULDER DOWNTURN - COULD BE UNDERLYING PRICE WEAKNESS?
RANGING INDICATORS:
-RSI SHOWS EARLY SIGNS OF REJECTION OF 49 LEVEL
-STOCHASTIC POSSIBLE CROSSING OF %K OVER %D...
It should be interesting to see what happens in this situation with NHI. Will it rebound or break? Preparing to set some limit buys just below the lower support line in case it breaks, others, the rebound would be about 5%.
