Would have been rude not to post this chart. Too many things pointing towards a possible HUGE drop.
There is Huge Divergence on the Daily - Divergence is KING.
You have a nice Head & Shoulders pattern forming, easier to see it on the 4 hour chart.
To confirm the H&S pattern, price would need to break a trend line that's held since April this year, so we might see a huge drop if this trend line gets broken. Good luck :)
There is Huge Divergence on the Daily - Divergence is KING.
You have a nice Head & Shoulders pattern forming, easier to see it on the 4 hour chart.
To confirm the H&S pattern, price would need to break a trend line that's held since April this year, so we might see a huge drop if this trend line gets broken. Good luck :)