Associated British Foods Plc (Pattern?)

fernanj

Junior member
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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?
 
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
 
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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