Update on the SULA vineyards chart:
- Multiple Inverse H&S seen on Daily TF chart
- Small Inverse H&S (blue) seen giving breakouts leading to formation of a bigger Inverse H&S (pink).
- The stock has broken out and retested the bigger Inv H&S and moving higher now.
- One can see that the Bigger Right shoulder also has formed a Cup & Handle pattern before breaking out (more clearly visible on a 2hr, 3hr time frame chart)
- RSI also looking good for a breakout.
Bullish momentum should continue in the stock.
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