Man Industries Chart

[arunr]

Hello,

I'm rookie in technical chart analysis. Would like to put my question in a new thread as not sure of posting it an existing thread.

Attached daily chart of Man Industries of last 6 months. with my question on it. Could anyone help on this?

Thank you!
Arun R

 

[amitrandive]

Hello,

I'm rookie in technical chart analysis. Would like to put my question in a new thread as not sure of posting it an existing thread.

Attached daily chart of Man Industries of last 6 months. with my question on it. Could anyone help on this?

Thank you!
Arun R

Double bottom is correct.
Dont' try to predict patterns before they form.No sign of head and shoulder pattern

Try to learn TA patterns in detail

http://thepatternsite.com/chartpatterns.html

 

[arunr]

Amit,

Thank you verymuch for your reply and Suggestion. Will go through the http://thepatternsite.com/chartpatterns.html

Arun R