Edwards Life Support

Edwards Life Sciences (EW) formed a 3 year non-symmetrical H&S Top with a neckline at 61. The left shoulder is a very weak and duration & height seems half of the right one. This is one huge head and shoulders pattern and usually huge topping patterns on stock in specific do not fulfill the implied targets. EW should find support here as the target of this pattern if completed puts the company into bankruptcy.

EW Weekly

EW Weekly

 

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