The right shoulder has not finished forming so I called this a "possible" inverse head and shoulders. If the right shoulder goes below the head (66.55), then it is Not an inverse H&S pattern. The pattern would be invalidated.
Also that may be an inverted hammer today, but we have not closed yet so this can change by day's end. (11:30 am when I posted this)
Long entry level is a break of the neckline with an uptrend. A stop can go under the right shoulder on this one but JD does not exactly have one yet )o: It needs to be a clear bottom, and since today is a lower low than yesterday, I do not see it as a true shoulder yet.
Many would like to see the right shoulder higher than the left shoulder as they feel it is more bullish.
No recommendation
Also that may be an inverted hammer today, but we have not closed yet so this can change by day's end. (11:30 am when I posted this)
Long entry level is a break of the neckline with an uptrend. A stop can go under the right shoulder on this one but JD does not exactly have one yet )o: It needs to be a clear bottom, and since today is a lower low than yesterday, I do not see it as a true shoulder yet.
Many would like to see the right shoulder higher than the left shoulder as they feel it is more bullish.
No recommendation
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