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It is interesting to look at the trend long term, medium term and short term. Where it seems that a series of Head & Shoulders patterns are taking place.

Below is a long term chart showing the formation of the right shoulder and the neckline.

Below is the right shoulder in more detail using a medium term chart. Notice the formation of another Head and Shoulders pattern being formed at the top of the right shoulder of the longer term chart.

Also notice the current test of the medium term Head and Shoulders neckline and the simultaneous test of the long term right shoulder rising trendline.