The stock has formed an Inverted Head and Shoulders pattern within a Descending Triangle. Traders could consider placing their stop loss at the previous higher low of 72. If the neckline around the 77 range is broken, it's possible that the stock may break out of the triangle pattern and move higher.
Note
07/03/2023The stock has broken above ascending triangle and neckline of inverted head and shoulder pattern.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.