Sell short here with stop loss just beyond today’s gap fill. The rising wedge broke down and snapped back in an attempt to fill the gap. Once the H&S top breaks out and fills the gap below the neckline the min. target is $2.90.
Then it’s time to start thinking about switching to long positions again with a stop loss just below.
Then it’s time to start thinking about switching to long positions again with a stop loss just below.