Large H&S formed since since May 2022. The price broke below the neckline and since then it's been on a one way trajectory. That was until it reached R123.96 in May 2023... THe price since then has consolidated in a sideways manner and has formed yet another Head and Shoulders. With the price breaking below its neckline, we are seeing further signs of downside...
Journal Entry Bias: Positive. Sentiment: Optimistic. Emoji (emotion): Excited 🙃📈. Null Hypothesis: Buy. Alternative Hypothesis: Sell, Sell then Buy, Buy then Sell. Signals: ... Position: Day/Wave trade. Notes: I'm anticipating the market to buy the earnings surprise 07/26/22 AMC: www.estimize.com Barron's Company Overview: www.barrons.com Other: I...
It looks like Water could get expensive soon...