M PatternEarnings 10-18 BMO.
Analysts appear positive on earnings. Analysts are known to be lagging indicators like moving averages.
Popped up today with a spinning top/a candle of indecision.
M pattern....this pattern started teetering at the .886 fib level but tails o candles did go below the .886, yet no candle bodies per say are below the .886.
The alternate bat hits the 1.113 which price has not hit the 1.113 as of yet.
Peak 2 is lower than peak 1 differentiating this from a shark pattern.
No recommendation