Perisistant Systems - Head and Shoulders - Short
Updated
Stock has formed H&S pattern on the daily chart. it is consistently showing lower highs and lower lows. Trading below 50 DMA.
The stock price will pursue 2733 which is a traditional support. The Coppock curve is also downward trend below zero.
The analysis is for academic interest only
The stock price will pursue 2733 which is a traditional support. The Coppock curve is also downward trend below zero.
The analysis is for academic interest only
Note
See next persistent idea. The stock has not turned bullish
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