Ramsay Healthcare is currently in a falling channel . Is it time to buy? After today's capitulation, we are already at the bottom of the channel and also the completion of the Head. Are we seeing a right shoulder forming in the weeks to come?
If we do not fall off the channel, we should bounce and target $68. Otherwise we break support and drops to next support level at $48.
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If we do not fall off the channel, we should bounce and target $68. Otherwise we break support and drops to next support level at $48.
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Note
RHC still looks bearish to me in the coming week. We might not form the right shoulder and head straight down to... $50? 
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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.