diederikvanz2000

Shell short - going to resistance

Short
diederikvanz2000 Updated   
EURONEXT:RDSA   None
We can see that Shell is showing a descending triangle after a cup and handle pattern. We can see that the chart is searching for the support level. This in combination with the strong growth of Shell on a short term makes me think the price will be dropping for a couple of days soon.
Comment:
As we see, Shell dropped in line with the expectation, although when looking at the numbers of shell, I expect them to go up in value.
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