Bearish Head and Shoulders Pattern Forming in ARB

H & S pattern looks to be forming in ARB. From a technical point of view, high probability we see the stock turn bearish in the medium term. I do expect some possible short term strength, however, keep your stop losses fairly tight.

Kommentera:

A bearish move in the medium term indeed it was. 50% pull back cv 19 induced. Bearish outlook still in play