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CPHL | Trade SetupCPHL is currently in an overbought zone, and profit-taking is advised at higher levels. The price action has surpassed its previous high of 101, reaching a new peak of 109.30. The previous resistance at 101 now serves as a support level, and a long position may be considered once support is firmly established around this level. The next potential target for the upcoming impulse move is approximately 118. To manage risk effectively, a stop-loss should be placed below 92.50. This swing trade setup anticipates a potential gain of 16.83%.
PSX:CPHLLong
by mbaberhanif
HCAR | Expected 100 Rupee Gain!Take a look at what we have here! I believe we can all agree that this chart is quite intriguing. HCAR is showing bullish momentum after an uptrend making higher highs and higher lows pattern. The price is currently retesting for establishing its low. A possible pullback might be expected in its price action. We’re likely to see a new bullish wave towards 400 level which is almost 33% gain but I believe there’s potential for significantly more growth in the months ahead. Thank you so much for your continued support. Let’s ride this bullish wave together!
PSX:HCARLong
by mbaberhanif
Technically, Weekly candle close: Fundamentally, Better EPSWe need the two signals. This week it touched the lower trenline of daily channel. yet no candlestick confirmation. 1st, candle stick pattern close on weekly basis. 2nd: Quaterly report is expected in next two weeks which will confirm the technical movement. A positive report will boost the bullish sentiment to first @70 area and upon break the trenline resistance, it will move further to 100.... matlab century to marega.. A negative report will dump it and price may drop to its monthly fibb level at 60% around 45 area. Lets' wait and see. I will think about the position next week upon weekly candlestick closure.
PSX:ILP
by hameedops
Though Bullish on Bigger Time Frames but..Though Bullish on Bigger Time Frames but it has Started making LH LLs on Daily TF. Currently at Important Support level. Bullish Divergence has appeared that should give it a Bounce. If 345 is Sustained, we may witness slight upside may be around 375 - 385. If 391 is Crossed with Good Volumes & Weekly closing is above this level, we may see it touching 415 - 420 which is again an Important Resistance level. However, if 345 is broken, 320 - 325 is a level that can be touched in worst case where Bearish ABCD pattern target will be touched.
PSX:PSO
by House-of-Technicals
PIOC Respecting 200 EMAPIOC has experienced a pullback after testing the 200-day EMA and is currently trading 3.60% above it. Notably, the stock has been in an uptrend since March 2023, consistently hovering above the 200-day moving average. An initial target of approximately 192 is anticipated in the coming days. If a breakout occurs, the price may advance towards 208, with a potential test of its previous high around 229 from a swing trade perspective. A stop-loss is recommended if the stock falls below the moving average, as this would indicate a shift toward a downward trend.
PSX:PIOCLong
by mbaberhanif
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