Head and Shoulders definitely still in play

2022年8月3日

Following the head and shoulders break below the yearly R2 pivot neckline @ 108 we have seen three re-tests, each getting rejecting. The short target remains near the yearly R1 pivot @ 92.90. Stops can be considered just above teh Daily 100 SMA @ 111 as a break above this level could see the head and shoulder invalidated.