Short
H&S Pattern on weakly chart !
Obsevation
1. very clean H&S pattern on long term weekly chart.
2. Overall weak auto sector
3. Negative global market sentiment due to CORONA
4. High exposure in global market
5 Bearish crossover on daily chart
If base is broken convincingly near 95-90. Stock can go in deep down trend
- Only for educational purposes
comments are welcome!
1. very clean H&S pattern on long term weekly chart.
2. Overall weak auto sector
3. Negative global market sentiment due to CORONA
4. High exposure in global market
5 Bearish crossover on daily chart
If base is broken convincingly near 95-90. Stock can go in deep down trend
- Only for educational purposes
comments are welcome!
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.
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.