PAEL | Parallel Channel๐ Stock Alert: PAEL
๐ Investment View: Technically Bullish ๐
๐ Quick Info:
๐ Entry Range: 25.50-25.70
๐ฏ First Target : 27.80
๐ฏ Second Target : 29.60
โ Stop Loss: 24.50
โณ Nature of Trade: Short Term (Scalping)
๐ Risk Level: Medium
โช Shariah Compliant: YES
๐ฐ Dividendย Paying:ย NO
๐ฐ Technical View: The price action is testing its parallel channel support. Pull back is anticipated from this level. Initial target of the stock is around 27.80. Upon break and sustain condition second target at the test of upper channel is around 29.60. Use stop loss at 24.50 to manage risk.
PAEL trade ideas
PAEL Idea๐ Stock Alert: PAEL
๐ Investment View: Technically Bullish ๐
๐ Quick Info:
๐ Entry Range: 24.70-24.80
๐ฏ First Target : 26.60
๐ฏ Second Target : 28
๐ฏ Third Target : 29.50
โ Stop Loss: 23.50
โณ Nature of Trade: Short Term (Scalping)
๐ Risk Level: Medium
โช Shariah Compliant: YES
๐ฐ Dividendย Paying:ย NO
PAEL ANALYSIS 3.0 (IT WILL RISE).๐ Trade Alert: PAEL Cup & Handle Pattern ๐
We have identified a bullish setup in PAEL, characterized by the following:
Cup & Handle Pattern: Indicating a continuation of the bullish trend.
No Divergence: Supporting the continuation of the trend.
Entry Point:
Buy: At 27.60
Target Prices (TP):
TP 1: 30.30 ๐
TP 2: 32.80 ๐ฅ
Stop Loss (SL):
SL: 24.80 to manage risk
Trade Summary:
Buy: At 27.60
TP 1: 30.30
TP 2: 32.80
SL: 24.80
Trade Type: Long Swing ๐ข
Good Luck! ๐
Stay informed and trade smart! ๐
PAEL Analysis 2.0๐ Trade Alert: PAEL Bullish Pennant Continuation Pattern ๐
We have identified a bullish continuation setup in PAEL, marked by the following pattern:
Bullish Pennant Pattern ๐ฉ
Technical Indicators:
No divergence is present, validating the Bullish Pennant pattern.
Entry Point:
Place a buy stop at the break of the Lower High (LH) at 26.60.
Target Prices (TP):
TP 1: 29.00 ๐ฅ
TP 2: 32.00 ๐ฅ
Stop Loss (SL):
Place your stop loss below 23.80 to manage risk.
Trade Summary:
Buy Stop: At LH break at 26.60
TP 1: 29.00
TP 2: 32.00
SL: Below 23.80
Trade Type: Long Swing ๐ข
Good Luck! ๐
Stay informed and trade smart! ๐ 23.80 AND TP 1 29 TP 2 32
PAEL | Pennant PatternPAEL displays a promising bullish reversal pattern characterized by the formation of pennant pattern. Additionally, the stock price is supporting its ascending trend. Our plan entails accumulating the stock within the designated buy zone (23.50-24 range), while setting stop loss orders below 21.30 to manage risk effectively. Anticipation builds initially around its resistance level around 25 and then 26.50 and upon the completion of pennant pattern, the stock looks bullish.
PAEL ======Bearish Trend is Bullish Before Making Higher and Higher Low Now Divergence Came In Trend in Volume and Rsi and Trend Is making the Head and shoulder Pattern and previous HL is also Break More Chances of Trend continue To Bearish
Stoploss 27.86
Tp =23.45
TP=21. 87
'Instant Buy is Also Good Option But need to move stoploss to 28.21
PSX: PAEL Bulls are taking controlAfter posting hefty gains the script has been sideways or retracement. On last working day the security closed above the recent trend line, which was limiting its movement. Simultaneously the RSI has also shown a positive sign by closing above its Moving Average.
So risk takers can buy immediately whereas those who prefer cautious approach can buy when the price crossover 24.26.
For a longer term buyers close above 26.60 shall be a wise decision with the TP of 36.72