Audi's Model S could be a party spoiler if it comes before Tesla's model X.
On end-Sept both uptrendline from Mar & May 2013 were broken convincingly. Price did crawl its way back to retest the undercut on 10 Oct but was rejected outright.
For the moment i thought i see a potential topping which is about to complete should the price touch the neckline tonight.
I foresee the price movement as:
Path 1: price break the neckline in next few trading days all the way down to support, retest and fail at neckline.
Path 2: price flirting a false breakdown but break right back and continue consolidating in purple triangle until
1Q 2015 earning
Head & Shoulder pattern don't always play out even if it breaks the neckline. Volume hasn't pick up on the downside move signal majority are not ready to jump ship yet.
I don't think it will roll over that easy, it will frustrate both bulls and bears looking for short-term profit. Be careful when playing...