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OCADO GROUP PLC ORD GBP0.02

Right shoulder forming on Ocado

By andmk2
Updated
A head and shoulder reversal pattern is forming on Ocado. Started in August 2022, this is likely to complete this December, but not guaranteed. The left shoulder is forming as expected. But will it bottom at about 380p and then rise?
Note
Correct so far
Note
Weak and not completing as expected
Note
Heading towards 388
Chart Patternshead_and_shoulderHead and ShouldersheadandshouldersbottomocadoreversalpatternStocksstocktradingsupermarket
andmk2

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