Head and Shoulder is a bearing pattern. ACI seems to be negating H&S pattern by breaking the trendline in chart & RSI in daily chart with volume. Trendline between head & right shoulder top yet to be broken. Closing above 690 (Right shoulder) would confirm that bearish pattern is negated
Komentarz:
Good Weekly closing. Negated bearish H&S pattern
Komentarz:
Archean chemical industries Q4 PAT fell by 57%
