ASL Setup Elliot WaveASL elliot wave setup is forming 3 top pattern and in triangle if we buy we can turn profit for PSX.
ASL trade ideas
ASL-BullishBreakout of Consolidation Box
Breakout of Descending trend line
Price came back for retesting of consolidation Box breakout
It is expected that price may go up and reach Tp-1 and Tp-2
Aisha Steel Limited (ASL) Key Support LevelsThese are Aisha Steel support key levels. Aisha steel share may be drop to these levels and bounce back. This is technical analysis not a buy/sell call.
Aisha steel Mills #ASL touched its lower low and monthly candle shows despite positive chance to go up. Perfect time to buy at recent price. Huge potential to grow.
Note : i am not a financial adviser Do your own research before buy
Bullish Divergence on Weekly as well as Monthly TF.Bullish Divergence on Weekly as well as Monthly TF.
Started making HH HL Series on Weekly TF.
Those who are already holding ASL, should keep
a Stoploss of 6.10 (on Closing basis).
Fresh Entry can be taken around 7.40 - 8.10 with
a Stoploss of 6.10 (on Closing basis)
Initial Targets can be 9 then 10.50
ASL in a bearish trend.Aisha Steel is struggling even in a trending market and is in a downward trajectory.
Doji on Weekly TF (Indecisive)Doji on Weekly TF (Indecisive)
However, 0.618 fib level is around 6.80 - 7.10
Also, Breakout level is being Tested again
