Tata Motors Could Be Headed Down

Tata Motors (TTM), a large automotive manufacturer in India, is possibly making a descending triangle, a bearish price pattern that indicates a move to the downside. The stock has been making lower highs for a month.

Avoid TTM.

Related Articles:

Bunge Has a Bearish Price Pattern
Price Patterns - Descending Triangle Indicates a Price Downside

Posted October 3, 2006.

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