💥 HBAR price nears breakout as inverse head and shoulders pattern forms
HBAR price is consolidating below key resistance as an inverse head and shoulders pattern develops, signaling a potential bullish breakout if the neckline resistance is cleared with volume.
HBAR ($HBAR ) price action is showing increasingly constructive behavior as the market builds a classic bullish reversal structure on the higher timeframes. After an extended corrective phase, price has stabilized and begun forming an inverse head and shoulders pattern, a formation often associated with trend reversals when confirmed
Songsheng Co., Ltd.: Wang Zongyou and Tian Nianbin plan to reduce their holdings by 1.5% each, and Zou Chaoyang plans to reduce his holdings by 0.37%.
Sungsheng Co., Ltd. announced that the controlling shareholder and actual controller Wang Zongyou and Tian Nianbin plan to reduce their holdings by no more than 4,048,100 shares, accounting for 3.00% of the company’s total share capital, within three months after the disclosure of this announcement through centralized bidding and/or block trades, with each reducing no more than 202,400 shares (1.50%). Director and Vice General Manager Zou Chaoyang plans to reduce his holdings by no more than 500,000 shares (0.37%) through centralized bidding. The specific shareholder Huai’an Sungsheng Investment Partnership (Limited Partnership) plans to reduce its holdings by no more than 2,193,500 shares (1.63%) through centralized bidding and/or block trades.