COACH 1W CHART

Coach 1w chart. Potential Breakout to the upside. Crontraction seems near an end.40 week period bollinger. 200 week ma and long term fibo support zone seem to hold. At first site it seems easy to identify a head and shoulders pattern but personally i dont. It would take for me breakout under 50$ and a failed retest to go long put on this one. At the moment i am neutral with a bullish bias. 50$ is my base. lets see!
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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.