TP @ 112$ - the min target of the mentioned shs is reached today. Today we kissed the trendchannels lower edge so i exspect a little rebound before TP will be aimed....The possible target of a rebound could be the 38,2 or 0,5 fibo-retracement @ 118,5/ 121 - lets see.
former analysis:
GWPH is forming a bearish H&S @ the daily chart.
A Close above the right shoulder generates a shortterm target @ ATH
A Close below the neckline @ 117,75 generates a Minimum target @ 111$ / maximal target @ 103,5$
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former analysis:
GWPH is forming a bearish H&S @ the daily chart.
A Close above the right shoulder generates a shortterm target @ ATH
A Close below the neckline @ 117,75 generates a Minimum target @ 111$ / maximal target @ 103,5$
If you like my analysis and find it useful, please take a second and hit the LIKE button and follow me. It takes some time to create these posts and your LIKES let me know it is helpful to you. As always, any comments are welcome. Agree or disagree.
