AS trend is upward making higher and higher low now trend make the formation of cup and foloow the 50 ema
The Hub Power Company Limited was incorporated in Pakistan on August 1, 1991 as a public limited company. The principal activities of the Company are to develop, own, operate and maintain power stations. The Company owns an oil-fired power station of 1,200 MW (net) in Balochistan (Hub plant). Fundatmental analysis HUBCO have book value of 161 now its trading...
there is rejection on support when prices xrosses 115 buy this one
MEBL wait for level of 205 for buying on candle rejection
there are series of higher and higher with flag pattern after break of flag there is good buying opportunities
As trend is bullish making higher high and higher low and follow the trend line
there are series of higher and higher low and trend take retracement from fib 0.6 level resistance become support and trend follow the trend line so there is no reversal seen in this case on other hand Dxy makes lower low and break the previous level
over all trend is bearish and trend is take retracement now came to fib 0.6 level its shows some reversal
there are series of HH $ HL in trend there is no divergence in trend probability of high chances of trend continue
Main trend is bullish there is price rejection seems many times at this level good buy opportunities
trend is near resistance and trend line with divergence there is probabilities that will be continue upward from that
over all trend is bearish there is now appear double with divergence breakout of neckline with proper candle lose need to take positioned
there is before divergence and trend is making lower low and lower high
Trend is making before higher and higher low after break of HL support and trendline with divergence
there are series of lower low and low high and before there is bearish divergence and trend is retest the support becomes resistance
there are series of higher high and higher low and break of flag now trend came to retracement our target till 2600
Before trend is making lower low and lower high now there is break of trendline and Lh with divergence
trend is before making higher high and higher low after divergence came and break of trend line now its making lower low and lower high