Head and shoulders to complete, bounce then fill gap at 137 area

Looking at previous dips, if 200dma holds for H&S we may see a bounce, fill the upper gap, then fill lower gap at 137ish. Hoping for reversal at 200, but will not be surprised if we fill that gap first before full reversal.

Comment:

So we did get the bounce from the 200dma in the red box and unfortunately now seem destined for at least that lower gap, not sure if we'll hit it in a straight shot, but feels like we will fill that gap around 137 before long. RSI bottoming out so may see a short relief rally before moving lower again.

Comment:

Looking like 1-2 more days might do it and hit that 137 gap area, wick the other day was about a $1 short. Would assume this won't go much further before at lease some kind of intermediate reversal, rarely will it go much lower below the 200. May set some bids here for that gap and look for at least a push to 155-160.

Comment:

And boom, gap filled and finally getting a bounce. Would be nice to see drive up to 155-160 area, but a lot of headwinds in the current environment could get in the way, but nice strong bounce today so a good start towards those targets. After that??