10500$ resistance got rejected again.
It looks like a potential (Red exclamation mark symbol) IH&S formation. the right shoulder could find support around 50 weeks SMA.
According to Thomas Bulkowski, the IH&S target is ~74% of the pattern hight.
In this case, it is around 13200$.
Not a financial advice.
It looks like a potential (Red exclamation mark symbol) IH&S formation. the right shoulder could find support around 50 weeks SMA.
According to Thomas Bulkowski, the IH&S target is ~74% of the pattern hight.
In this case, it is around 13200$.
Not a financial advice.