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booze765
May 31, 2014 11:06 AM

infy AB=cd pattern 

Infosys LimitedNYSE

Description

AB= CD pattern
B is 50 percent on the dot .
the formation completes 74 . till then will have comple of small positions on long . and short it over 74 .
Earning is relased on june 21 . may give momentum.
Comments
booze765
got busted here . no matter how good the stock looks technically and fundamentally . there still something called luck
the major stake holders decided to sell the stock .thus took a tumbling .
nevertheless looks still good buy based on the fundamentals
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