Long legged Doji today/a candle of indecision
This pattern can be bearish but the neckline has to be broken with a confirmed downtrend.
Retests of the neckline are common and it is strong support until clearly broken.
No recommendation except keep an eye on the neckline.
Folks are very bullish on this one which could make any break of the neckline a long ordeal.
However, the pattern is there but it is not valid as of yet.
RSI diversion noted.
This pattern can be bearish but the neckline has to be broken with a confirmed downtrend.
Retests of the neckline are common and it is strong support until clearly broken.
No recommendation except keep an eye on the neckline.
Folks are very bullish on this one which could make any break of the neckline a long ordeal.
However, the pattern is there but it is not valid as of yet.
RSI diversion noted.