Nashwan

Head and Shoulder with strong bears seen

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BATS:RNG   Ringcentral, Inc.
1
Head and Shoulder formation seen with strong bears seen in daily candles ,,,, in 4 Feb buyers tried to reverse the price up but failed with continuous doji that won by sellers , they tried again to break 18.40 but failed again and the sellers win again with another Doji today ... the buyers couldnt even reach 18 it means that the sellers are strong enough to break the Nick line ,,,, i would suggest selling when to have a daily candle closed below the nick line with 16.19 target ,,,, aggressive traders like me would go short today if getting a similar doji or inverted hammer in case the price may open with Gap

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