A move down to 17 and 15, unless it reclaims 23.5
Embracer could be forming a double bottom here, but it would need to get back above 23.5 first, where it has also confirmed a head and shoulders pattern targeting 17 and then 15.
Should it move back above 23.5, it would still need to get above 30-31 before a double bottom could be confirmed. Should that occur, it could target the area where it was prior to the May crash.
Should it move back above 23.5, it would still need to get above 30-31 before a double bottom could be confirmed. Should that occur, it could target the area where it was prior to the May crash.
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