Fectc is ready to flyFectc is ready to fly
Currently it is near and could
breakout level of 108.76 to go to
its next destiny of 139.7 and 166
Note:
This is not a buy/sell call
Use stop loss whenever trade.
FECTC trade ideas
Bullish Divergence on Daily as well as Weekly TF
Fib 0.618 Support (Golden Pocket) around 28.50 - 29.80
Monthly Closing Above 30 will be a +ve Sign
PSX - FECTC OutlookFECTO Cement is consistently out performing against the KSE100 Index while the index is under pressure from last month. CUP & Handle bullish continuation pattern is formed. entry is recommended upon sustaining @52.50
Entry: 52.50
Stop Loss: 45
TP1:60
TP2:67.50
