Some observations I've made. Although EQX has a painful habit of...

Some observations I've made. Although EQX has a painful habit of doing exactly the opposite of what I expect.

Daily 2Feb


Down as it penetrated below the channel. Dashed line which was resisted now serving as some support.

Daily 2Feb H&S


Possible bearish head and shoulder pattern appearing. Bearish gravestone doji suggesting reversal at shoulder line. H&S target suggests 2.20.

Weekly incomplete as of 2Feb


MACD topped out and pointing down. MACD-signal bearish. Stochastic looks like crossing down from overbought territory.

All this is just my opinion, DYOR. I will mention again that EQX loves to do the opposite of what I forecast. A strong breach of the shoulder line would pretty much wreck the H&S, and basically make it a double bottom which is bullish. Will know pretty soon which it is.