Upward Channel or Head and Shoulders?Jasmy on the day chart has formed two long wick candles above the 50 EMA and on the 50 % Fib level. It would be nice if Jasmy makes and upward channel and cycles up but that is subjective at this time and one could say Jasmy is going to form a head and shoulders and fall out the channel. It would be nice for price movement to make an upward channel movement, and move up from the 50 EMA and 50% Fib level with a bullish cross over on the SRSI. We must see what today candle prints and be very alert and careful.