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jangseohee
Nov 4, 2015 12:04 AM

COP, neckline revisiting Short

ConocoPhillipsNYSE

Description

Conoco had a massive 2 years topping pattern that tanked at 41.
Price is revisiting neckline

ideally if this is the topping HS, price will get rejected around neckline

58-62 will be a short region, wait for the wick, beyond 63 this HS becomes invalid or busted HS
final target back to 40 or lower

P.S. know your risk if you are shorting
Comments
TradingStatistics
Nice setup
jangseohee
jangseohee
jangseohee

jangseohee
lmsmith
Awesome call!!
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