ta.whats your view?

First chart was drawn a few weeks back when CHM payback % was unknown and I was in the HC Kooler.LOL
I did post the possibility to friends...
Its a Head and Shoulders pattern
The stock actually had the potential of dropping down off a RHS right hand shoulder and reaching an equivalent retrace level equal to the head from shoulders distance..
Haspete has so often attempted to convince me that we can have a diagonal neckline of this pattern and a full retrace in this case could have been just below 1.00 (not his words)
Is the yellow or perhaps the red broken line the most likely neckline if we have a Head and shoulders?




anyway I bought in this retrace averaging high one dollar teens, so still in profit.

Here is what has happened since the skeptical likelihood of contribution from the WA Govt was mentioned in the press....





afraid while the retrace has been on low volumes it is still bearish...looking for TA contribs as I have little patience
and likely to bail ..
cheers