Possible downside to SDRL...
- Break of the neck line in the H&S pattern coupled with a break of the upward channel at the same spot
- Big volume making this move
- Pink lines are Fib levels from the downward move from the head of the H&S pattern (possible support/resistance)
- Blue arrows show possible price movement
- Break of the neck line in the H&S pattern coupled with a break of the upward channel at the same spot
- Big volume making this move
- Pink lines are Fib levels from the downward move from the head of the H&S pattern (possible support/resistance)
- Blue arrows show possible price movement