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TheChartHub

Curved head and shoulder for a start of a bull run?

TheChartHub Updated   
NASDAQ:NMTR   None
Trend Analysis Chart Patterns Technical Indicators
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trendanalysis chartpattern indicator
Curved head and shoulder. Price action is continuously being tested on key s/r but the bullish trend is continuing. Watching if it can bounce off-key areas or weekly back to test 4H resistance for bullish confirmation.

Not financial advice
Comment:
The weekly bullish trend did not hold allowing the price action to drop severely to the downside with a bounce-back up testing the now weekly resistance. Recovery is possible but that takes a long-term view.
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