PSX trade ideas
PSX LONG Perfectltly bounce from 0.61 if sustain above 0.5 it will hit prveoius highs so please take entry and exit as mention in tradeplan .DYOR
PSXThe price movement is exhibiting a pattern of higher highs and higher lows, signaling a bullish trend. Presently, there is a retracement following the establishment of a higher low, which coincides with a significant support level. This suggests a potential continuation of the bullish trend.
The initial target price is aimed towards the previous high at 16.60. Further, upon a breakout and sustained trading above this previous high, an anticipated new higher high level around 18.10 is envisaged.
To manage risk effectively, it is advisable to implement a stop-loss at 13.90.
PSX Pakistan StockThis Chart is printing a Bullish trend and their is no divergence in RSI Indicator .This chart is called a Bullish Cup and Handle
Entry Point Buy Stop:11.43
Stop Loss:10.68
Number of Shares:1333.333
TP1:12.22
TP2:12.98
PSX printing a Bearish flag Pakistan Stock Exchange seen printing a bullish flag most likely to break the all time high
PSX share a good investment option for long term A possible downwards trend Reversal can be seen since Hammer is seen at the Last Lower High. Not a Financial Advice
