Einstein15

PTC Head n Shoulders

NSE:PTC   PTC INDIA LTD
PTC has been testing the neckline for a while, completing the head & shoulders yesterday with huge leg up. Finding resistance at 382FIB from few weeks.
May flag up after two huge candles in last two days. Awaiting a breakout/reversal

Comments

Further downside? Or base formation in base at around 80?
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Einstein15 rubixqube
@rubixqube, i think the chart gave its move. now it take a fresh analysis to see whats going on
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rubixqube Einstein15
@Einstein15, Eagerly waiting your analysis :)
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Einstein15 rubixqube
@rubixqube, Monthly!
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rubixqube Einstein15
@Einstein15, Very interesting take. I was looking from a multi year stand point and the support of 72 was held. But this too. Thanks.
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rubixqube rubixqube
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rubixqube rubixqube
@rubixqube, My bad, I did not see the years at the bottom, your's is multi year too and also more elegant.
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Einstein15 rubixqube
@rubixqube, Lot of channels, yea.
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Hi, Any views, PTC almost created a new 52 week low.
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