FVRR (Fiverr) is developing a potential Head & Shoulders price pattern, on the daily chart.
Neckline Support in red is approximately 60.27.
Downside breakdown target would be -14.6%, or 51.48.
If the H&S fails, FVRR price would need to breakout above 66.39, 70.47, and 73.57 to continue the uptrend.
Neckline Support in red is approximately 60.27.
Downside breakdown target would be -14.6%, or 51.48.
If the H&S fails, FVRR price would need to breakout above 66.39, 70.47, and 73.57 to continue the uptrend.
Trade closed: stop reached
Resistance targets completed.H&S pattern did not complete.
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Follow Me on TradingView, Youtube, X, Instagram.
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All posts are not financial advice.
Social Media links are in my profile.
Boost, comment, share to support.
All posts are not financial advice.
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.