The_Patterns_Guy
Short

BSET looking down - short it -

NASDAQ:BSET   BASSETT FURNITURE INDUSTRIES INC
BSET has been on raising trajectory for the past few years. It looks like top is on the daily charts . I think it is a rectangle top, however, you could classify it as a head and shoulders . The chart has broken a trend line and attempted to re-attack the trend line . The MACD is breaking down on the weakly chart and rolling over on the monthly. Stoch RSI on the weekly and monthly has already confirmed. Most ominous sign is the breakdown
in the on balance volume .

suggest setting up an alert for $34.05. If it breaks below that, open a short position.

weekly
monthly
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