The midterm downtrend has to be discussed!
The last 7 tradingsessions INSY is fighting with the present dominating downtrend.
If Insy could defend this Niveau sustainable, i exspect a new buying-wave, when the H&S will be perhaps triggered (with Prices > 17.25$)
The possible Minimum TP of this H&S pattern would be 19,4$, the Maximum TP 21.25$.
Trading below 14.9$ means, that INSY reenterted the downtrend again. Below 14.8 a shortsignal appears (with TP @ 12.3$)
Good luck!
The last 7 tradingsessions INSY is fighting with the present dominating downtrend.
If Insy could defend this Niveau sustainable, i exspect a new buying-wave, when the H&S will be perhaps triggered (with Prices > 17.25$)
The possible Minimum TP of this H&S pattern would be 19,4$, the Maximum TP 21.25$.
Trading below 14.9$ means, that INSY reenterted the downtrend again. Below 14.8 a shortsignal appears (with TP @ 12.3$)
Good luck!
Trade active:
Wow, INSY has reentered the downtrend, the H&S got not triggered. Now shorts are interesting...
