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Costco's current valuation is unsustainable, with a forward PEG ratio of 6.28x, making it one of the most overvalued blue ...
In the chart above, the bearish candlestick engulfs the previous seven trading sessions, signifying the likelihood that the stock is on track to move lower. 6. Head and Shoulders A head-and ...
Once the handle is complete, the stock may breakout to new highs and resume its trend higher. Head and shoulders is a reversal pattern that can appear at market tops or bottoms as a series of ...
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LIC, Gujarat Ambuja Exports, MRPL: Anand Rathi suggests 3 stocks to buy in volatile marketsIndian stock markets kicked off the week with severe ... Rs 730 LIC of India has recently formed an inverse head and shoulders pattern and successfully broken above the neckline, signalling ...
7. Inverse Head & Shoulders An inverse head-and-shoulders pattern is a bottoming pattern that often signals a reversal in a stock following a bearish trend. The inverse head and shoulders is ...
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