SPAR - MAJOR DOWNSIDE RISK
#SPAR shareprice is showing great weakness:
Consolidation range
SPAR is currently trading within a multi year consolidation range (between white trend lines). However it is trading near the bottom end of this range, already showing some weakness.
Head & Shoulders
The purple line indicates the multi-year pattarn's neckline. If it breaks to the downside, this could spell disaster.
Consolidation range
SPAR is currently trading within a multi year consolidation range (between white trend lines). However it is trading near the bottom end of this range, already showing some weakness.
Head & Shoulders
The purple line indicates the multi-year pattarn's neckline. If it breaks to the downside, this could spell disaster.
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.