DD, M, Short
16 years after the head & shoulders top in May 1998, Du Pont's price hit the resistance on the downtrend channel making a distinctive LOWER HIGH.
Well supported and confirmed by MACD not making higher high.
I foresee that the next window of support is between 40 - 50 in time to come.
My opinion is on a short side, but must wait patiently as there is a possibility of price retesting the upper resistance again in very short term.
Well supported and confirmed by MACD not making higher high.
I foresee that the next window of support is between 40 - 50 in time to come.
My opinion is on a short side, but must wait patiently as there is a possibility of price retesting the upper resistance again in very short term.
Note
Note
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.