Head and Shoulders Pattern

26 Mar 2020

Looking at a head and shoulders pattern forming. After taking a beating due to oil prices, the stock is looking at a textbook head and shoulders pattern. Although oil fears continue, the stock has dropped so much over the past few weeks with zero recovery so far, it is worth the play.

27 Mar 2020

Not

It would be an inverse head and shoulders pattern which is bullish, not a head and shoulders which is bearish.