ScotianBot

Possible Head & Shoulders for APHA?

TSX:APHA   None
A H&S pattern is clearly noticeable on the RSI & KST.

On the KST the right shoulder is lower than the left, but on the price the right shoulder is higher than the left, not sure if that's considered a bearish divergence but if there's further downside action it would seem accurate.

On the KST each shoulder & the head display a bearish cross where I have placed the red finger, this happens when the red line crosses over the green in a downward angle.
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.