sandeep19033

sandeep19033

Observation on 7th of Jan 11) DARK CLOUD ( 27th , 28th & 29th Dec With a Doji ( 29th Dec ) . A Bearish Engulfing ( 4th Jan , 22 ) in an Oversold Area ( Short Stochastic ) 2) 92.06 on Stochastic ( Oversold ) 3) Price at a new High and forming a Double Top 4) Price Falls on Above average Volumes on . Volumes as follows...

sandeep19033

1) Formation of Head & Shoulder with higher Volumes on the left Shoulder 2) Bearish Cross Over on the MACD on 22 nd Oct & on 15th Nov on the Weekly 3) Break of Weekly Secular Trend Line 80% Chance the breakaway Gap will not be filled for another 150 days ( Soruce Enencyclopedia of charts Patterns by thomas bulkowski)