>Escorts

Hi friends,

                     Escorts have interesting chart which is right now at important fibonacci levels.

Let me post the chart to get a clear picture .

The move from 2013 looks impulsive had a nice 2 year rally to make 1st wave and had correction to finish 2nd wave correction.From mid of 2015 3rd wave started we can see 5 waves clearly in 3rd wave .This 3rd wave move is satisfying 3=(1.61)1 ,Look for weakness in the stock in coming weeks 

Overall still no shorting pattern seen in it.Keep this stock on radar.