This is not below the neckline of 455.55.
Price should fall below this level with a confirmed downtrend before a H&S pattern is valid.
Retests of the neckline are common after price falls below it. This one has fallen below and is now back above it.
Price is below what appears to be a bear flag.
No recommendation.
Possible short if price drops below neckline.
Short percent is 7.27%.
This one may be a nail biter to short. Time will tell.
Price should fall below this level with a confirmed downtrend before a H&S pattern is valid.
Retests of the neckline are common after price falls below it. This one has fallen below and is now back above it.
Price is below what appears to be a bear flag.
No recommendation.
Possible short if price drops below neckline.
Short percent is 7.27%.
This one may be a nail biter to short. Time will tell.
Comentário:
There is a gap at 423ish that provided support on the last fall below the neckline