As seen on Timken weekly chart, every correction from the peak took almost 48 weeks to form a bottom. Going by the same pattern we can expect it rally beyond all time high. Buy on dips towards 630-600 zone maintaining SL at 540
loot lo... seems to b awesome chart is self explainatory
Need couple of weeks closure above 650 to confirm the pattern Positional Target:- 900
TIMKEN(680) BREAKOUT AND RETEST-BUY WITH TGT OF 725 AND 900 SL 594
as we can see the bearish divergence there and dark cloud cover there it totally looks that the stock is overextended and giving bearish look
On weekly charts, It appears that we may get breakout from INVERTED H&S. If this pattern develops, then this stock can fly, boom and zoom... Target for this breakout would be 800 Like it if you love it :)