This inverse head and shoulders pattern has the same price target as a bull flag that formed recently.
Distance top of head to neckline is 13.67 - 12.25 = 1.42
Giving a price target of 13.75 + 1.42 = 15.17 USD
See the linked idea below for more details, using the chart of the Swiss listing.
Distance top of head to neckline is 13.67 - 12.25 = 1.42
Giving a price target of 13.75 + 1.42 = 15.17 USD
See the linked idea below for more details, using the chart of the Swiss listing.
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Related publications
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.