DDD head and shoulders brewing up here?
Closed on the resistance and almost the low of the day, definitely not a good sign. But in the hindsight can we possibly have a head and shoulder forming here. Next few days would tell how this turns out. Over 31.50 it's a clear break-out.
Would be a good risk reward ratio with entry at 29 should it get there. RSI clearly is way oversold. V short term looks like a good short.
Would be a good risk reward ratio with entry at 29 should it get there. RSI clearly is way oversold. V short term looks like a good short.
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.