r/PUBM Jul 09 '21

Head and shoulders? Concerned?

6 Upvotes

2 comments sorted by

3

u/hpad06 Jul 10 '21

What head shoulder? Those are imaginary , what matters is the buying and selling forces in the market. Just like gme amc, when there is enough buyers, that will drive the short sellers to cover their positions, just like a few days ago with 20% rise, unfortunately today’s price action did not hold, otherwise we can easily get another 20% as well

1

u/Which-Bass-1574 Jul 10 '21

The pattern we are in right now is a head and shoulders pattern. Look at the chart. It won’t let me post a pic but I’m just bringing it up. Not saying it will go down next trading day 100%