I suppose that's your opinion and you are entitled to that,...

I suppose that's your opinion and you are entitled to that, I'm not discounting that perception.

BUT the H&S pattern is literally just a change in price action, going from higher high's and higher low's to a lower high and an equal low.

These patterns work in any time frame as the graphs are seen as a direct correlation between the prices and the buyer's and sellers consensus around the individual commodity. These patterns occur in monthly, weekly, daily, hourly and even minutely (obvious sarcasm for minutely, but it does occur in minutes & seconds).

I have noticed over the years that it doesn't HAVE to follow the exact shape of a H&S structure, just the shoulders have to align, a decent head formed, and a chest line.

It'll go up, down or sideways, no one is really right or wrong in picking patterns.

But you would be silly not to hold this stock