Head and Shoulder pattern was noticed from April to July 2017 in ABB. A typical pattern with a high volume at left shoulder followed by a steep head and low volume at right shoulder. High selling volume was noticed after the completion of this pattern, which indicated that the market noticed this pattern and started shorting this stock.
![](https://www.eqsis.com/pro/wp-content/uploads/2017/10/HEAD-AND-SHOULDER-1038x581.jpg)