OWL - Diving down initiated

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Volume
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-Increasing


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Price Action
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- Head and shoulders noticed
- rounding top noticed on the 2nd shoulder
- unable to clear downtrend line

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Technical Indicators
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- Ichimoku
>>> price below cloud and resisted below trendline
>>> red kumo expanding
>>> Tenken [Conv] + Chiku [lagging] - below clouds and moving away
>>> Kijun [Base] - below clouds and moving away

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Oscillators
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- MACD still bearish
- DMI bearish
- StochRSI, neutral

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Conclusion
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- short to long term breakout swing
- price may reverse at current level, to enter spot or wait for pullback at entry 2.