Short

AIr Asia Head and Shoulders - Short?

I'm a beginner trader trying to gain experience in reading charts - This is what I think is the first head and shoulders pattern I have seen on a chart here on Air Asia. From what I know this is a bearish signal. However there has not been any significant long bull run before hand??

I welcome any counter arguements and explanations to why I'm wrong!
Head and ShoulderslearningSupport and Resistance

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