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JD Wetherspoon - slower sales warning, bearish engulfing candle

LSE:JDW   WETHERSPOON(J.D.) ORD GBP0.02
6
After a 3.3 per cent rise in like-for-like sales for the quarter, the company warned of slower sales in the months ahead.
The monthly chart shows multiple failure at 995.089 (161.8% fib extension)... the share price currently hovers around 928 levels. We see a bearish engulfing pattern.
Break below 915.886 would open doors for a completion of a double top reversal pattern. The neckline support is seen around 810


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