artofcharting

artofcharting

Botht the head and shoulder pattern and triangle are indicating a descent of its stock-price if the triangle resistance line is not taken out. April 16 after market the company presents its quarterly figures.

artofcharting

After a head and Shoulder pattern, the stock took off, but is now reaching the resistance line of the triangle. Will most likely bounce back ino the triangle and close the GAP of a few days earlier. On April 16 after markets the stocks will present it's quarterly figures.

artofcharting

Long term downtrend is likely to coninue when a break in the support triangle line is established. Company faces challenging market conditions and operates on tight profit margings. Share buy-back program is running.

artofcharting

Just wait until the money is in the corner!