Associated British Foods Plc (Pattern?)

fernanj

Junior member
32 3
Is that a Head & Shoulders pattern or is it just me... also the indicators I use are starting to pointing South.
What do you reckon folks?
 

Riz

Experienced member
1,266 5
There is one forming on the daily chart suggesting around 20 points further down if successful, rsi and stochastics over bought as expected after a 100-point upmove...

Riz
 

fernanj

Junior member
32 3
Thanks

Hi FTSE Beater, Riz has summed it up for you.
Many thanks to you all for your feed back, replies & contributions

Joe
 
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