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TITAN – DOUBLE BOTTOM – LONG TERM PATTERN
4TH AUG PRICE 315.95 (FIRST BOTTOM)
NECKLINE 27TH AUG 347.05
30 SEP PRICE 317.85 (SECOND BOTTOM)
CROSSED THE NECKLINE AND CMP IS 354
PREV. MAJOR LOW 302.7.
352(CMP) – 302(PREV. MAJOR LOW)= 50 (DIFFERENCE)
354 (CMP) + 50(DIFFERENCE) = 405 (FUTURE PRICE)
STOCK WILL REACH 405 WITHIN NEXT 3 MONTHS
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