Persistent 612 in a descending triangle,expect 386 points move

Persistent 612 is currently trading in a descending triangle, actually it is a continuation pattern, but bearish where ever it forms. The base Hight is approx. : 386. Hence on down side as per the pattern, a target expected is 226. Whereas an upside break out will take the stock to new high.

Yorum:

coming down as said in advance.