SHOP:Head & Shoulders (with a bearish flag on the shorter term)
Id initiate a short/bearish position if it breaks that support (black) come next week, the stocks trading at an ATH, Zacks says it has an insane trailing-twelve-months P/E of 277.63X, comapred to the industry's 30x. The head and shoulders is a red flag, and a bearish flag can be drawn easily, with the line to the right shoulder from the head being the flagpole. A death cross just occured too (the 25 day MA slid under the 100 day MA). While I dont usually use MACD, it slid under the signal line too. So many bearish flags..
Tell me what you think, like to spread the message, itd mean a lot :)
AMA and Ill def respond
Tell me what you think, like to spread the message, itd mean a lot :)
AMA and Ill def respond
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