Companhia Energetica

There’s still a pattern that looks bearish in this all-green market.

For the insane among us, there’s still a pattern that looks bearish in this all-green market: take note of the similarity between the current topping pattern and the prior one:

(Click on image to enlarge)

slopechart_CIG (1)

Looking closer, there is a textbook quality H&S pattern which is already complete.

(Click on image to enlarge)

slopechart_CIG

STOCKS IN THIS ARTICLE

Comments