SSGS has good potential to grow more because of current government in Pakistan try their best resolve the issue of circular debt SSGS is the one of beneficiary of circular debt.
1) Currently SSGS share price following Dow theory of uptrend.
2) Volume on daily time frame showing strong sentiment for future grow.
3) Completed 50% retracement of fib`s , Show strong reverse from golden number of fib.
4) Following AB:CD pattern on daily, weekly and monthly time frame, while completed (C) leg of AB:CD pattern and started to follow ( D) leg.
5) Also seen cup & handle pattern of daily, weekly time frame, currently following to complete handle of cup and handle pattern.
6) According to Elliot impulse theory completed 2nd leg and started 3rd leg which can expect more higher than past one.
Trade Plane
AB:CD Pattern Targets
Target (1) : 50.54
Target (2) : 72.00
Stop loss : 29.80
Cup & Handle Targets
Target: 89.45
1) Currently SSGS share price following Dow theory of uptrend.
2) Volume on daily time frame showing strong sentiment for future grow.
3) Completed 50% retracement of fib`s , Show strong reverse from golden number of fib.
4) Following AB:CD pattern on daily, weekly and monthly time frame, while completed (C) leg of AB:CD pattern and started to follow ( D) leg.
5) Also seen cup & handle pattern of daily, weekly time frame, currently following to complete handle of cup and handle pattern.
6) According to Elliot impulse theory completed 2nd leg and started 3rd leg which can expect more higher than past one.
Trade Plane
AB:CD Pattern Targets
Target (1) : 50.54
Target (2) : 72.00
Stop loss : 29.80
Cup & Handle Targets
Target: 89.45
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.
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.