anrg95

Apollo Tyres Descending Triangle

Short
anrg95 Updated   
NSE:APOLLOTYRE   APOLLO TYRES
Apollo Tyres is forming a descending triangle on the hourly chart here. Indicative of a further downfall for the stock...
Comment:
I have been proven wrong here. The chart now seems to be forming a double bottom and might see a possible rebound from here on.

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