ASX: RHC Ramsay Healthcare - Right shoulder forming or not?
Updated
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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