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BF BIOSCIENCES LTDBF BIOSCIENCES LTDBF BIOSCIENCES LTD

BF BIOSCIENCES LTD

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BFBIO trade ideas

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
PSX:BFBIOLong
by Golden_Spur
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