RDFN
Looks like forming Head and Shoulder. If the price breaks below $9 it can see further downside.
Note only if the price breaks below the neckline around $9, the pattern is validated.
On the other hand if the price breaks above $10.50, the pattern is invalidated.
Tomorrow CPI data will determine, whether or not the neckline support hold.
Note only if the price breaks below the neckline around $9, the pattern is validated.
On the other hand if the price breaks above $10.50, the pattern is invalidated.
Tomorrow CPI data will determine, whether or not the neckline support hold.