After this most recent run, it looks like it might be forming another HS pattern ( bearish reversal) in the RSI like it did during its last run up. The pennant is a continuation pattern so the most likely breakout direction would be up, however it will depend a lot on the rest of the stock market.
My idea: short term bearish, medium to longer term possibly bullish
My idea: short term bearish, medium to longer term possibly bullish
Yorum:
Good thing I don't short weed stocks! HS pattern is probably void, but pennant is still in play.