HAS is half way thru an evening star pattern on the daily, and by the looks of the volume… seems it wants to keep falling, completing the pattern… Zooming in the 30M chart,
HAS closed on a red candlestick with plenty of volume to end the day, while also closing below the 8MA(green line) & 21MA(yellow line) AND near/testing on intraday support (refer to the 5M chart). MACD also just crossed down in the same 30M timeframe chart.If that's not convincing enough, there is a bearish h formation on the 15M chart, which i plan to ride the downside @ the continuation past the break of the h pattern.
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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.