broken trend line – The Steady Trader

Infosys Technologies (INFY) Failed At Major Technical Support

INFY dropped 13.42 on Friday after disappointing fourth quarter results and uninspiring forecast. Two Charts to focus on: First the daily chart where we notice a 5 month long head & shoulders pattern that is just now starting play out asthe neckline got broken on Friday….at $65. In a perfect world the ultimate profit […]

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