ORA with inverse Head and shoulders

١٦ أبريل ٢٠١٨

We see what appears to be head and shoulders pattern.
If break above neckline happens, a long position can be made with a target +9.

٢٣ مايو ٢٠١٨

ملاحظة

The price just hit the neckline of the Head and shoulder pattern and got rejected. That is a signal of weakness and the price is likely to go further down