| Express Scripts Daily Head and Shoulders Reversal Pattern is currently underway for a breakdown, note the trape gap that currently active for todays trade which trade late buyers into fridays close. Completion of Pattern i.e. target is at 58.42 with an important support area that needs taken out at 60.08 from March Pivot highs. It's important to note that if 60.28 is pierced and and 60.08 is tagged and reversed and failed Head and Shoulders pattern attempt could be possible. This will give us an objective of 64.00. But for the time being this Head and Shoulders pattern is valid with a decent downside objective. |
