candlestickninja

Short Term Rise before head and shoulders completion?

Long
NASDAQ:HROW   Harrow, Inc.
I see a short term rise in HROW as our current right shoulder of what looks to be a weekly head and shoulders hit a 61.8% Fibonacci retracement level with Stochastic RSI being as oversold as our last oversold areas. I drew two potential rises using some bear rally based Fibonacci Retracments, I feel we will follow the trajectory towards the one that overlaps with the $5.00 Psych Resistance before continuing our decent towards $2.50 to $3.00

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.