sachindhiman

sachindhiman

PFC is building a Pennant which shows next move will be down to touch the bottom part. Time frame : 1 year

sachindhiman

There can be two ways of looking this chart :- First - It is forming a descending Triangle and hence will likely go down after completing the wave Second - It is showing cup and handle formation which shows that it might just rally up. Also, RSI does not show any divergence. Bollinger bands (212) do not show any possible move. Although chances are 50-50, I...