BB Head and Shoulder formation? Target 8.50 - 9.50
Updated
Breakdown on multiple week channel. Possible breakdown on H&S formation. RSI about to be oversold, so expect a small bounce before more down.
Trade closed: target reached
Fun. Target was reached and acted as support. Now neutral. Violation of $9 makes this a possible H&S top, making next price target $4. However, I am currently flat.
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