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Darshan1971
May 28, 2022 11:17 AM

Perisistant Systems - Head and Shoulders - Short Short

PERSISTENT SYSTEMSNSE

Description

Stock has formed H&S pattern on the daily chart. it is consistently showing lower highs and lower lows. Trading below 50 DMA.

The stock price will pursue 2733 which is a traditional support. The Coppock curve is also downward trend below zero.

The analysis is for academic interest only

Comment

See next persistent idea. The stock has not turned bullish
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