classical inverted flag breakdown pattern. Stock has finally given a breakdown from channel.
From here it may continue towards downside or may be after a short retracement/retest it would continue its downtrend.
Let's wait for some more price action. Trade with caution!
Disclaimer: Take this view only for educational purpose. Trade on your own risk.
Happy trading!
From here it may continue towards downside or may be after a short retracement/retest it would continue its downtrend.
Let's wait for some more price action. Trade with caution!
Disclaimer: Take this view only for educational purpose. Trade on your own risk.
Happy trading!