Possible head and shoulders forming in WB. I was expecting WB to rise with the large tech stocks but with the weak performance of most tech stocks other than AAPL recently I am afraid they will resume their downward pattern. They had a strong upward pattern since May but a Head and Shoulders is a bearish reversal pattern.
I'm not sure where to put the neckline...
NYSE:T
Looking for a breakdown <30.00 or breakout >31.00 in coming weeks. I would base a prediction off of their financials which I see as showing positive potential.
