Dec. 22 at 9:06 PM
$DECK According to AI Gemini, this does not show a head and shoulders but instead shows a bull flag:
“Based on the visual evidence in the chart provided, the pattern shown is most consistent with a Bull Flag formation.
Here is a breakdown of the technical components visible in this 1-month chart for DECK:
The Pattern: Bull Flag
This is a classic "continuation pattern," meaning it typically suggests that the previous uptrend will resume after a brief pause.
The Flagpole: The sharp, nearly vertical rise in price from late November (around
$88) to the peak in mid-December (around
$106). This represents a strong initial surge in buying pressure.
The Flag (Consolidation): The subsequent downward-sloping channel from the peak down to the current price level of ~
$101. This phase represents a period of consolidation where early buyers take profits, causing the stock to "cool off" slightly without giving back all the gains.”
