Head and Shoulders SPCE Setup
Pretty clear and clean head and shoulders. I anticipate a correction to the 20s. This ridiculous speculative run has gone on far too long...
Trade active
Right shoulder playing out a little slower than expected, but still trending in the right direction. Staying between that channel right now.Trade closed: target reached
All the way down to the low 20s as expected. Could run even lower. Unfolded over a bit of a slower time frame, but nevertheless, worked out.
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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.