Long
ENGRO - PSX - Technical Analysis - AB=CD
ENGRO is a sharp bull run.
It has broken previous All Time High and still going up.
KVO is suggesting a strong bull run, but RSI is about at 80 level.
Price may take a dip but then will go up again to test the TP defined by using AB=CD pattern.
TP-2 has been calculated using Fib Ext tool.
Trade Values
Entry (Mkt): 407.54
TP-1: 453
TP-2: 506
Stop Loss: 358
It has broken previous All Time High and still going up.
KVO is suggesting a strong bull run, but RSI is about at 80 level.
Price may take a dip but then will go up again to test the TP defined by using AB=CD pattern.
TP-2 has been calculated using Fib Ext tool.
Trade Values
Entry (Mkt): 407.54
TP-1: 453
TP-2: 506
Stop Loss: 358
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.