HUMNL trade ideas
HUMNLWe can attempt to buy HUMNL from specified level as 0.618 FIB also intact.
SL , TP mention in chart.
cup and handlecup and handle bullish pattern targeting 8.20 first hurdle for humnl is 6.80 7.30 is breakout for bulls
HUMNLThe current price action demonstrates a consolidation phase, as delineated by the curve indicated on the chart. Furthermore, a bullish divergence has emerged in conjunction with the RSI. Notably, the RSI exhibits an upward trajectory, indicative of a burgeoning upward momentum. Should the price breach its resistance level of 6.90, this may signify the formation of a cup pattern.
For strategic accumulation, a range between 6.55 and 6.65 presents an opportune window, with an initial target set at 6.90 and subsequent advancement to 7.20. It is advised to implement a stop loss strategy beneath the threshold of 6.38 to mitigate potential losses.
HUMNL Bearish at 6.30High probability that HUMNL fall below 6.30PKR this is the 3rd time it is testing 6.30 level
If this level is broken then next support will be around 6 and down trend continue to it old level.
HUMNL - Downtrend ContinueMarket is sideway for this script
Buy levels are 6.50 & 6.30 which are supports for safe trade
Breakout is not constant, swing trade level is 6.50 to 7.25
HUMNL Showing down trend - Continue - Last day Trade of 2023I'm stick to my stance market is trap for small fishes.
PSX shows bullish but it is bearish in actual and it will reflect selling tomorrow.
Tomorrow last day of 2023 trade, Big selling
Low volume today & Form the Lower High today, so tomorrow Lower Low
Avg out between 6.30 to 6.50 which is support
7.00 is resistance as it can't break, so down fall started
HUMNL Showing down trend - ContinueHUMNL worked as I analyzed, overall whole PSX shows slightly in correction mode, but in reality it's just trap to attract small fishes before Year END.
Tomorrow we will see slightly selling in HUMNL as all indicators are over buy which means selling is coming.
Swing trade can be taken from 6.5 or below
Don't take any trade above 6.5, it can fall up to 6
Do average out of current trades
HUMNL Showing down trendAccording to market analysis, PSX is in correction mode or may be down trend.
HUMNL is over buy and now in down trend. Based on trend it is showing opportunity for swing trade in trend.
opportunity for swing trade
opportunity for average out current trade
