Inverse Head & Shoulder pattern

Dec 30, 2021

Stock has from an inverse (bullish) Head & Shoulder pattern. Breakout is achieved. Currently, price movement is in confirmation stage. Potential up side is around 80 points.

Jan 3, 2022

Note

Bullish H & S breakout is confirmed. A word of caution here. Volume has not yet picked up to profusely support the breakout. Thus, one may not witness typical textbook breakout of 90 pts as this is the height from head to shoulder