SembMar

Commentary:
Inverted H &S chart pattern formation. Recent short term action tracing in a upward trend channel. Breakout impending.

Strategy:
Traders can consider initiating position nearer to the trend channel bottom line (watch the opening price for day traders), or upon breakout of H&S formation with strong vol. Price target for short term traders could be the short-term upper trend channel line as profit taking region.