A Monthly chart here with an enormous Head & Shoulders pattern, with the neckline even slightly sloping to the right. If the price stays here until month end, the neckline will definitely be broken to the downside and perhaps share holders should start giving some serious attention to this, if not concerned yet. Their luck will be that at least the price cannot reach the full target of the Head & Shoulders pattern.
@aamir39516, Thank you so much for your opinion. While I will not be claiming that it should definitely be, I see two shoulders with a massive head between them. I don't know if there are definite requirements that disqualify this one as a H&S. But I would really appreciate if you could give me your reasons for your view. Perhaps you even do have the limits or requirements for a H&S, then I could learn something.