A head and shoulders top is not valid until the neckline is broken with a confirmed downtrend.
It is not unusual for breaks of the neckline to occur before a clean break is made and a downtrend progresses. Price of often tests the support of the neckline.
Short interest is low at 1.06%.
Strong stock so investigate before you invest. Waiting for a clean break of the neckline can be paramount.
Larger orange type are possible targets 1. Smaller orange type are targets if price goes below targets 1.
No recommendation.
It is not unusual for breaks of the neckline to occur before a clean break is made and a downtrend progresses. Price of often tests the support of the neckline.
Short interest is low at 1.06%.
Strong stock so investigate before you invest. Waiting for a clean break of the neckline can be paramount.
Larger orange type are possible targets 1. Smaller orange type are targets if price goes below targets 1.
No recommendation.
Note
I will just sit tight!
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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.
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.