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zeverette

bullish/bearish price patterns

Nabors Industries Ltd. (NYSE:NBR)  
zeverette Updated   
NYSE:NBR   Nabors Industries Ltd.
Trend Analysis Chart Patterns
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trendanalysis chartpattern
We all can say this is down trend, but I'm seeing several reversal structures(bullish): 3 drives low, head and shoulders, and double bottom.
As for the bearish side I'm seeing a nice flag forming.
Comment:
missed my entry on the break. If there is a back and retest on the inner trend line to go short, then i'll enter the market but until then i'll wait to see if another price pattern or something of relevance gives me probability.
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