Hi guys, this is not a head and shoulders pattern forming. I am...

  1. 251 Posts.

    Hi guys, this is not a head and shoulders pattern forming. I am currently at work therefore have not done proper chart analysis (with the systme I use at home) but I will post the current chart, with patterns support and resistanc eleves for people to see where it could go from here. I would not go LONG at this point of time as this I dont like to "catch a falling knife" yet once the price does consolidate we could have a look at the further movement.

    Hope this is of help to few people.

    Regards
    Kizo
 
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