WIT | Wipro Limited Stock Analysis | Head and Shoulders

November 13, 2016

US Stock Analysis

 

Head and Shoulders Chart Pattern

The pattern start with left shoulder is made up of a high followed by a low. In a Head and Shoulders pattern, the neckline is a level of support. HS pattern slow down an upward trend. Because uptrend is a period of successive rising highs and rising lows. The head and shoulders chart pattern, therefore, illustrates a weakening in a up trend by showing the deterioration in the successive movements of the highs and lows.

 

 

Wipro Limited | WIT Stock Analysis and Head and Shoulders Chart Pattern

20161111-wit-wipro-limited-head-and-shoulders

 

 

WIT | Wipro Limited Chart Analysis with Head and Shoulders Chart Pattern

 

November 11, 2016 Wipro Limited WIT Daily

November 11, 2016 Wipro Limited WIT Daily

 

 

 

 

 

 

 

 

 

 

 

 

Have fun!

Moses US Stock Desk

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