H&S Pattern on weakly chart !
Obsevation
1. very clean H&S pattern on long term weekly chart.
2. Overall weak auto sector
3. Negative global market sentiment due to CORONA
4. High exposure in global market
5 Bearish crossover on daily chart
If base is broken convincingly near 95-90. Stock can go in deep down trend
- Only for educational purposes
comments are welcome!
1. very clean H&S pattern on long term weekly chart.
2. Overall weak auto sector
3. Negative global market sentiment due to CORONA
4. High exposure in global market
5 Bearish crossover on daily chart
If base is broken convincingly near 95-90. Stock can go in deep down trend
- Only for educational purposes
comments are welcome!
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