Amtek Auto - AFTER A CARNAGE - this is the Post-mortem report

AMTEKAUTO  (64.35) - Most of the times and most of the stocks break out pattern give the desired results but some times and some stocks give the negative results . this stock is one of the classical example for break out failure. If  the break out attempt failed , result will be the Carnage. That is what happened in this stock in this week. Of course this is a Post-mortem report . 
In every failure , we can learn lot and this is one more learning...


The following chart speaks every thing 
Everything means everything. 
(click the chart to get the zoom view)