This stock closely followed the inverted head and should pattern and broke the neckline. The price target today was nearly short of 40 points if compared w/ neck to head distance which is still good. The stock also touched it's near high today.
It will be interesting to see where does stock head this. I am of the opinion that this will show a short term bearish trend till the nearest support.
It will be interesting to see where does stock head this. I am of the opinion that this will show a short term bearish trend till the nearest support.
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