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Head & Shoulders Top Formation $UTHR

United Therapeutics Corporation (NASDAQ:UTHR)  
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NASDAQ:UTHR   United Therapeutics Corporation
Chart Patterns Technical Indicators UTHR head_and_shoulder Bearish Pennant headandshouldersformation
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chartpattern indicator uthr head_and_shoulder bearishpennant headandshouldersformation
$UTHR has built a text book classic Head & Shoulders top. It is resting near its neckline breakdown area $213.75. Consolidation above the neckline breakdown area of $215-$220 has created a bearish looking pennant formation. All in all $UTHR looks sickly, and probably headed for lower prices. If neckline of $213.75 breaks, downside obj =$190.00
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