31st Aug 2011–Pattern Study–Head n Shoulder with BIG HEAD !

Ticker:

 

1. PMI

 

Topic:

 

1. Head-n-Shoulder with a very BIG HEAD !

 

Lesson Learnt:

 

1. When  there is a head-n-Shoulder with a BIG HEAD, get ready to SHORT it. It can be the SHORT of the century.

 

Intraday Chart

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Historical Chart