OGDC | End of Rising Wedge Pattern?

Jun 11

Rising Wedge pattern considered as bearish pattern, which is observed in OGDC technical chart. At present this bearish momentum weakening as the price is facing support zone around 118-119. If the selling pressure resumes and the buyer gets active then a possible pull back is expected towards the resistance level of 132.

Jun 13

Trade active

What a recovery

Jun 14

Trade closed: target reached