BFBIO Share Buying opportunity "BFBIO Share Buying Strategy:
- Current Price: Rs. 183
- Trend Line Breakout: Post-breakout, we expect a pullback to Rs. 166-160, which presents a buying opportunity.
- Buying Zone: Rs. 166-160
- Stop Loss: Rs. 150
- Targets:
- 1st Target: Rs. 192
- 2nd Target: Rs. 204
- Hold Target: Rs. 224
This strategy is based on technical analysis, and it's essential to monitor the stock's performance and adjust the strategy accordingly."
BFBIO trade ideas
BFBIO LONG TRADEBFBIO has been in uptrend since its induction in PSX in Oct 2024.
It completed spike phase of its Uptrend in First week of Dec, then it started its Pullback in Bearish Channel (Remember Bear Channel is in fact a Bull Flag).
I gave Breakout from this Bull Flag with heavy volumes as shown by Weis Wave Volumes
Usually measured move out of channel correction goes to the start of the channel which is around 240
To have a better Risk to Reward Ratio buying is recommended in 3 parts
Trailing of SL after TP1 is also suggested
BUY1 170
BUY2 164
BUY3 158
TP1 190
TP2 240
SL BELOW 150
BF BIOSCIENCE BullishBUY SIGNAL...!!!!
Recent Price Movement: As of May 16, 2025, BFBIO's stock price closed at PKR 168.03, marking a 10% increase for the day. Over the past week, the stock has risen by 11.86%, although it has experienced a 3.45% decline over the past month.
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Technical Analysis: The stock is currently in a bullish zone, with analysts suggesting potential movement towards the PKR 200–250range in the near future. WT Cross indicators shows a great breakout from -55 zone which shows a strong trend reversal where as squeeze momentum breakout green histogram
Moving Averages: The 5-day and 50-day moving averages are at PKR 153.76 and PKR 143.35 respectively, both indicating a bullish trend.
Investing.com
Relative Strength Index (RSI): The 14-day RSI stands at 62.67, suggesting that the stock is approaching overbought territory, which often precedes continued upward momentum
The BFBIO (BF Biosciences Limited) 1-day chart on the PSXKey Levels
Buy : Enter the trade if the price moves to fib levels between 167 to 148.
Stop Loss: Set at 145 to minimize potential losses if the pattern fails.
Take Profit (TP) Levels: 251.50 (All-time high)
Trading Strategy
Entry: Buy when the price (around 165 to 148).
Stop Loss: Place a stop loss at 145 to protect against potential downside.
Take Profit: Set a take profit level at 251.50 to capture potential gains.
BFBIO - PSX - 15min - Technical AnalysisBFBIO being a recently listed SCRIPT, limited data is available on Daily TF, therefore, this analysis is being done on 15 min time frame.
After a strong bull run the price has retraced to Fib level of 53 % (186) before going a little bit up (at the time of this analysis price is 189).
60% Fib retracement level is quite possible as RSI divergence on 1h TF is about to be formed (Ideal would be on Daily TF).
Therefore, best entry could be to buy at 180 for getting maximum possible advantage. On the other hand, a safe Buy entry will be after the price goes up and makes a new High (above previous Lower High), so that HH, HL in a bull run is confirmed.
My Trade values:-
Buy-1: 180
BUY-2: 207
TP-1: 300
Stop Loss: 159
BFBIO - PSX - 1h -Buy Call- AB=CD PatternBFBIO is newly listed stock in PSX. Its fundamentals suggest that it can be a good stock. Moreover, its IPO value was 78. Subsequent to IPO continuous price rise is a very good sign for quick gains.
On 1h TF, RSI and Klinger also suggest a likely bull rally.
AB=CD pattern has been drawn to arrive to TP.
Trade Values
BUY: 145.50
TP: 198
SL: 134