Coal India forming - Inverse Head and Shoulder ??

Coal India is in a down trend since long and like most of other public sector stocks is in a deep sleep. But the recent price action suggests it might be moving towards forming an Inverse Head & Shoulder. Things are still far from any kind of confirmation but have to keep an eye in the stock for next few weeks for any breakout.

Trade closed: stop reached:

Failed trade with Inverse H&S