Hi Jumpstart ! here,s your head and shoulder chart. We should look for a repeating pattern which will target the pink circled area to the right. As the head is not as high this time I think the green downtrend lines will be strong resistance.
Long term support is the lower green line around $3.50 where the two sets of shoulders are circled. Strong resistance looms at the head around the most recent high at $4.70ish.
Cheers Hoot![]()
Add to My Watchlist
What is My Watchlist?