The stock has perfectly fit into the Bearish Shark Harmonic pattern and also the Parabolic Curve seems to have been achieved.
Now the question is what would be the level it would correct to ?
Based on the Parabolic Curve, It should take support between Base 4 and Base 3 however, if the Bearish Shark pattern lives up to its name then a stronger correction would...
BROKE OUT FROM FALLING WEDGE.
SEE CHART FOR DETAILS.
TARGET : 150+
STOP LOSS : 75
**These are my personal observations. Please trade at your own risk.**
