potential H&S pattern on coats group.

9 Kas 2020

there could be forming a BIG H&S pattern on coats group.

I am shorting here with a close SL just above last High.
Ill take profit at the drawn support line and watch closely to re open a new short when that support gets broken, which IMO confirms the H&S pattern.

9 Kas 2020

Not

Note: this could also turn into a rising wedge.