Tuesday, June 02, 2020 4:51:32 PM
3 moonth chart showing a BEARISH formation. See the left shoulder, the Head'and then the right shoulder. Head and Shoulder top! pORTENTIOUS OF A DROP.
Then draw the trend line from the late March bottom thru the bottom made in mid May connecting the bottoms. You'll see the uptrend stopped there, and no longer was valid. then draw the downtrend from the late April high thru the late May high. Note the stock traded below that descending trend ling confirming a downtrend in place.
Timing for the drop is coming soon.
https://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=cydy&insttype=&freq=1&show=&time=6
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