Inverse head and shoulders with a gap to close towards 1070$

The price is completing the formation of an inverse head and shoulders pattern, with a head-to-neckline distance of approximately $300.
This suggests a potential breakout target around $1070.
Along the way, there is also a significant gap that has remained unfilled for several months.
The stock belongs to a company that manufactures power management chips used in all types of electronic devices, with steadily growing revenue
This suggests a potential breakout target around $1070.
Along the way, there is also a significant gap that has remained unfilled for several months.
The stock belongs to a company that manufactures power management chips used in all types of electronic devices, with steadily growing revenue
Nota
Wait for a 1H or 4H Candle Close Above the Neckline for More ConfirmationAfter the breakout of the inverse head and shoulders pattern, a pullback to the neckline often follows — this is typically the best entry point.
For greater confirmation, it’s advisable to wait for a 1-hour or 4-hour candle to close above the neckline before entering a position
Operación cerrada manualmente
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Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.