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GE_Jim

10/27/21 4:46 PM

#13535 RE: Lostcoastkid #13531

Regarding “Any thoughts….”. And just for fun.
Well just an opinion but you run a tighter time frame for a head and shoulders formation than I would. What I see is a bounce up from the 24 base, a intraday high up to 30, fall back, another run at the 30 mark, fall back and yet another attempt to get to 30 but failing that the fall back where still in.
Hoping to see a consolidation period of the 24 to 30 range and with the RSI currently at 38 it certainly can. Right now, we are heavily influenced by the sector and it doesn’t appear that any in the sector are escaping that influence.
Thanks for your patience