Head & Shoulders TopPossible head & shoulders top — not confirmed. Watch for a daily close below ~196.95 (neckline) to confirm, with measured-move risk toward ~174.73. A push back above 207.51 weakens the pattern; reclaiming 219.16 invalidates it.
Bearish structure on the daily chart — a heads-up for anyone holding, not a short signal. Does not affect the bullish setup score.
Price bars, sourced event fields, and benchmark math only. This can adjust displayed short-term conviction; it does not change the stored scanner score or readiness.
Generic technical analysis generated mechanically from price & volume — educational research only, not financial advice or a personalized recommendation. Levels are illustrative; confirm on your own chart. New to these terms? →
Legend Verdicts6 methodology checks
Who would consider this setup, why it qualifies, and what blocks it — calculated from the same deterministic methodology rules used across Legend AI.
Council consensus:
4 of 6 legends are Watching — building, not yet a confirmed buy.
No active breakout tracked — Legend AI monitors daily for pivot-point breaks.
What's a breakout?
Latest candle: Bearish Engulfing — Today's down candle engulfs yesterday's up candle — a bearish reversal warning, most significant after an extended advance.
Fundamentals & leadership quality — Minervini’s published criteria · 4/7 met
B
4/7 criteria
Separate score from the Minervini Trend Template (4/8): the Trend Template grades the price structure, this grades the company & leadership (earnings, sales, margins, RS rank). A stock can ride a clean trend while its fundamentals lag, so the two often differ by design — they are not the same checklist.
Livermore B · Watch — The deterministic methodology check is Watch; wait for the failing or incomplete criteria to improve before the trigger can qualify.
Pivot
Pro level
Published-method rule: Treat the resistance break as a pivotal point only while the primary trend and relative strength remain aligned. Evidence: Canonical setup geometry is available with Pro.
Entry trigger
Pro level
Published-method rule: Wait for price and volume to confirm the pivotal-point break; anticipation below the line is not confirmation. Evidence: Canonical setup geometry is available with Pro.
Initial stop
Pro level
Published-method rule: Place the initial stop below the pivotal line or the reaction low that would prove the breakout false. Evidence: Canonical setup geometry is available with Pro.
Trail
Rule-based
Published-method rule: Raise protection beneath successive higher reaction lows as the trend advances; never move a protective line farther away. Evidence: Planned management rule; no stored stop or broker order is changed automatically.
Exit / invalidation
Pro level
Published-method rule: Exit when price fails the pivotal line, breaks the latest meaningful reaction low, or shows abnormal reversal action. Evidence: Canonical setup geometry is available with Pro.
Deterministic educational plan, not a recommendation. No order or stop is changed automatically. Method and sources →
Possible head & shoulders top — not confirmed. Watch for a daily close below ~196.95 (neckline) to confirm, with measured-move risk toward ~174.73. A push back above 207.51 weakens the pattern; reclaiming 219.16 invalidates it.
Confirms below196.95
Invalidates at219.16
Left Shoulder209.72
Head219.16
Right Shoulder207.51
Neckline196.95
Target174.73
LS 209.72 / head 219.16 / RS 207.51, neckline ~196.95, vol_fading=yes
Predictive pattern recognition is educational — most forming structures never confirm. Wait for the confirmation level before treating this as a setup.
Grades the price structure — moving-average stacking, distance from the 52-week high/low, and relative strength above the ≥70 uptrend bar. This is the technical trend check; the company's fundamentals and ≥80 RS leadership are scored separately in the Grade Card.
✓
Price above SMA 150 & 200$198.44 vs SMA150 $186.42 / SMA200 $187.09
✗
SMA 150 above SMA 200SMA150 $186.42 vs SMA200 $187.09