WAVESAPP trade ideas
Wavesapp is flying to 19 level.Wavesapp dropped and near to its support of 9.46. Fresh entry is possible if it dropped to 9.46 and bounce back or it crosses above 11.46 level. TP 1 is 12.87 TP 2 is 14.25 TP 3
is 16 and TP 4 is 18.8. Stop loss 9.46 and 6.9
Note: This is not a buy/sell call. Trade at your own will.
WAVESAPP is potentially exposing 67% gain from these levelsRisk takers can enter the trade instantly with SL around 7.23
Perfect entry is made around 14.36 being the breakout of Last HH, breaking that level will trigger the trajectory towards final projection of the ABCD pattern.
WavesAp is going to 16 and 19WavesApp maintaining 12.9
Next resistance is 14.31
After 14.31 It could cross
16 and 19 levels
Note: This is not a buy/sell call
Use Stop loss
WAVESAPP - PSX - Daily TF - Buy Trade CallPrice has seen a quite long accumulation phase. Price is still in Parallel channel.
But being a seasonal/cyclic SCRIPT, it is expected to give sharp up trend in Nov~Jan time period.
Fib retracement has been used to identify the key areas of TPs.
Buy Trade Call
Buy: 8.40
SL: 7.23
TP1: 10.08
TP2: 12.83
TP3: 15.38
TP4: 18.00
WavesApp - Long positionBreak put EMA 200 on hourly chart
ABCD patter in play
Between Target Rs 10.6 - 10.7
WAVESAPP is BullishSince its listing the bears seem to be in complete control of the price action, however matured bullish divergence on daily time frame has signaled that bulls are trying to assume control, and if they manage to break previous lower high then we can expect a bullish rally as per Dow theory. Targets are mentioned on the chart.
WAVESAPP🚀 Stock Alert: WAVESAPP
📈 Investment View: Technically Bullish 📈
🔍 Quick Info:
📈 Buying Range : 10-9
🎯 First Target : 11.10
🎯 Second Target : 12.50
🎯 Third Target : 14
⚠ Stop Loss: 8.50
⏳ Nature of Trade: Mid Term
📉 Risk Level: Medium
☪ Shariah Compliant: YES
💰 Dividend Paying: NO
📰 Market Analysis:
Current Situation: The price action is currently testing its support level around 10.
Recent Volume: A high volume of 37 million shares has been observed in the stock over recent days.
Expected Movement: A possible pullback is anticipated from the current zone of 10-9, with a suggested stop loss at 8.50.
Upside Targets: Potential upside targets include 11.10, 12.50, and 14.
