Oceanus – At the Neckline Now!

Oceanus is currently just sitting on top of the neckline of a Head and Shoulders pattern. This neckline also coincides with 61.8% Fibonacci Retracement Level. Oceanus came back recently to test this neckline. This $0.317 will turn from support to resistance if it cannot be broken. Price target for this Head and Shoulders chart pattern formation is about $0.18.

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  1. anschluss

    Hey guys oceanus just broke up through the neckline with volume. It will be a failed head and shoulders if it breaks the 50 and 200d MAs..if not will turn back down to form a extended head and shoulders

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