Tuesday, May 10, 2022 4:58:22 PM
https://www.investopedia.com/terms/h/head-shoulders.asp
The H&S is slightly lopsided so I've put the neckline across .0667. Without a catalyst this could dip as low as the .03's and .04's in the short term, but any news could help to stave that off.
Interestingly, there was a .008 gap down on Monday, visible in the daily and weekly charts, which is good news for bulls since the market may want to play in the .070-.078 range some more.
Daily and intraweek weekly show rejection of the high bollinger band for now.
GLTA
Chart legend: pink dashed lines and bold blue 20 period moving average line are bollinger bands. Dark blue is 200 period moving average.
Hourly:
Daily
Intraweek weekly:
I edit too much! Refresh any of my recent posts to get silly little updates and clarifications.
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