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  • #11241
    M Prem Rajan
    Participant
    Rank: Level 4

    The head and shoulder is not complete yet, with the right shoulder just forming. It might take another month or 2 to form. Once we see that the shoulder has formed with low volume and the price has broken the neckline, its time to go short on the stock with a price target of 740 and stop loss of 1085. The target should be achieved in 6 months.

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