H&S completed and Fevertree is now bearish Short

FEVERTREE DRINKS PLC ORD GBP0.0025LSE

Description

⋅ Jul 23, 2019 3:08 PM

On Jul 9th price broke below the neckline. Yesterday retested the neckline and was rejected lower today after a results announcement.

The 200 EMA is sloping down and price is below the 200 EMA.

All in all #bearish

Comment

⋅ Aug 5, 2019 10:06 AM

Recovery to 2570 but expected to go down from there. DYOR