GALPLAN 1
Buy1 : around 74
Buy2 : around 68
Stoploss 63
PLAN 2 : Trade on Breakout
Buy Above 80
Sell around 85 then 88
Stoploss 63 (closing basis)
GAL trade ideas
GAl & FIBONACCI are friendsGAL is in an uptrend after pull back from 50% retracement from the impulse of 37.73 to 52.49 and currently trading above 38.2% that is 46.85 which acts as support. First and second resistance are at 52.49 and 56.50, respectively.
GAL (PSX) - RANGING WITH BEARISH DIVERGENCEThe stock, after printing HHs and HLs is now struck in a range. The RSI is making bearish divergence and indicating that the stock may come down towards its support levels, marked on chart
