Shell short - going to resistance

26 Mar 2020

We can see that Shell is showing a descending triangle after a cup and handle pattern. We can see that the chart is searching for the support level. This in combination with the strong growth of Shell on a short term makes me think the price will be dropping for a couple of days soon.

27 Mar 2020

Not

As we see, Shell dropped in line with the expectation, although when looking at the numbers of shell, I expect them to go up in value.