Two equivalent top and volume at B is high.
Bhartiartl – Double Top
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Stock Analysis
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Bullish View
Bearish View
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Hi,
The double top has two same highs Or it looks like an “M” shape. Since the stock is unable to make a higher high, this tells us that the bulls are getting tired. The bears may be coming in to drag the stock lower.
please find the attached screenshot for your reference.