The stock shows strong indication for a possible trend reversal to bearish after the fulfillment of the bearish ABCD harmonics pattern.
Combining it with formation of a lower high (in accordance with Dow Theory) and a consequent strong bearish candlestick patterns from that price, a good short-sell entry point can be observed.
Combining it with formation of a lower high (in accordance with Dow Theory) and a consequent strong bearish candlestick patterns from that price, a good short-sell entry point can be observed.