SHEL Needs break out!SHEL is on break out level, upon breaking trend line resistance, its initial resistance lies around 157. If this resistance break and sustains then it can test towards second resistance around 168. Previous top is at 180 which consider the major resistance level.Longby mbaberhanifPublished 113
SHELWe can attempt to buy SHEL from specified level as 0.5 FIB level also intact , also there is no bearish divergence at current level . SL , TP mention in chartLongby SignalEdgePublished 0
SHELOn the Daily timeframe, the price has pulled back from support area Such a pull back indicates the bullish trend. Furthermore, the MACD histogram lightening the negative zone and going to convert into the positive zone, further endorsing the potential upward movement toward our first target around 149-154. Subsequently, the price may revisit the pullback zone before establishing a new high and achieving the second target range 164-168.Longby mbaberhanifUpdated 9
SHEL🚀 Stock Alert: SHEL 📈 Investment View: Technically Bullish 📈 🔍 Quick Info: 📈 Buying Level: 147 🎯 First Targets : 157 🎯 Second Targets : 167 ⚠ Stop Loss: 142 ⏳ Nature of Trade: Mid Term 📉 Risk Level: Medium ☪ Shariah Compliant: YES 💰 Dividend Paying: NO 📰 Technical View: *SHEL* is currently pulled back from 200 day EMA overall momentum is bullish. Initial resistance lies around 157 which break and sustains then secondary resistance lies around 167. Use stop loss below 142.Longby mbaberhanifUpdated 222
SHEL - ABCD PATTERNAfter a bearish trend, Shel is expecting a reversal trend , there is a divergence on RSI too and if it breaks above 148.78 a good bullish move is expected. Long entry recommendedLongby MSafwanSPublished 1
SHELL - BEARISH FLAGSHELL is in CONTINUATIONAL trend, there is no divergence but due to the formation of BEARISH flag pattern A DOWNWARD SIDE move is expected if it breaks the pole , short entry is recommendend then.Shortby MSafwanSPublished 0
Should wait for 169Bearish Divergence on Weekly TF Let it Cross & Sustain 169 for the Target of 178 - 180by House-of-TechnicalsPublished 0
SHELPresently, the price enters in an uptrend after the break out and retest of the descending parallel channel around 143.83 which acts as support level. Initial resistance lies around 163.90 which breach can pull the price towards major resistance level of 180 which is the support zone of the price. On the flip side, if support level of 143.83 breaks then bearish momentum will established.Longby mbaberhanifPublished 5
HH on Monthly TFHH on Monthly TF a Very Important Support 136 -137 Doji (Indecisive) candle on Weekly TF Bullish Divergence on Hourly TF Bullish Pin Bar on Daily TFby House-of-TechnicalsUpdated 1
SHEL Pennant PatternSHEL is trading in bullish pennant pattern and maintaining well the bullish trend line. Which can be seen from the chart. Currently, the price is retracing to the inclining trend line and again pull back is expected to test previous resistance of 168 with the stop loss below 156. Longby mbaberhanifPublished 2
SHEL:PSX is likely to face a bearish reversal in the short runSHEL:PSX was in short term uptrend as it printed few HHs and HLs however, on daily timeframe it has shown bearish divergence on RSI. It is also at a key resistance level right now and is most likely be prevented from further upside due to the existing resistance level (as marked) as well as the divergence on RSI. Short entry has been placed on downward break of previous HL as per 1:1 RRR. SL and TP have been suitably set.Shortby UsmanFaroukPublished 0