The counter has formed a head and shoulder pattern in the 2-H chart.
It has broken the neckline and is consolidating just above it.
Hence, we expect the counter to be bearish in the near-term.
It has broken the neckline and is consolidating just above it.
Hence, we expect the counter to be bearish in the near-term.
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.
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.