Perisistant Systems - Head and Shoulders - Short

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

Comment:

See next persistent idea. The stock has not turned bullish