The flag pattern, identified as a bullish formation, is currently observed on the OGDC technical chart. Presently, the bullish momentum is gaining strength, with the price encountering resistance at approximately 134.50-135. This level represents the initial target. Upon a successful breakout, the subsequent target is projected to be 138.50-139. Following the completion of the flag projection, the final target is anticipated to be 148. To effectively manage risk, it is advisable to set a stop loss at 126.50.
Note
OGDC 140 🚀🚀Trade active
🚀🚀Trade closed: target reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.