Waves-psx Waves is in consolidation/triangular place a buy stop at 8.4 with avg buy at 7.10
SL 6.4
TP 9.2
manage your risk accordingly
LUCKAs the SuperTrend indicator crosses the phase of sqeeze , and other indicators like MACD also give a buy signal, the chart visually confirms an upward trend. Therefore, it is likely that the stock will increase in value
MUGHAL is forming AB=CD harmonic pattern in 1week time frameMUGHAL is forming AB=CD harmonic pattern in 1week time frame
PSX Pakistan StockThis Chart is printing a Bullish trend and their is no divergence in RSI Indicator .This chart is called a Bullish Cup and Handle
Entry Point Buy Stop:11.43
Stop Loss:10.68
Number of Shares:1333.333
TP1:12.22
TP2:12.98
MUGHALMUGHAL Buy from specified levels (trendline support , 0.5 FIB intact)
SL , TP mention in chart
PACE | Flag Pattern Need Confirmation🚀 Stock Alert: *PACE*
📈 Investment View: Technically Bullish 📈
🔍 Quick Info:
📈 Buy Stop: 3.05
🎯 Target Level : 3.65
⚠ Stop Loss: 2.70
⏳ Nature of Trade: Short Term
📉 Risk Level: Medium
☪ Shariah Compliant: NO
💰 Dividend Paying: NO
📰 Technical View: PACE's flag pattern breakout at 3.05 presents a compelling opportunity, with a target at 3.65 and a stop loss at 2.70 providing a structured risk-reward profile. Traders should remain vigilant and adapt their strategies as needed to capitalize on potential market movements.
GGL-PSXGGL is in consolidation box after making double bottom , place a buy stop above 11 with ladder buy 2 at 9.5 with risk defined 8.6
SNGP | Adam & Eve PatternSNGP displays a promising bullish reversal pattern characterized by the formation of an ADAM and EVE pattern. Our plan entails accumulating the stock within the designated buy back zone (64-65.50 range), while setting stop loss orders below the bottom of EVE to manage risk effectively.
Anticipation builds for a substantial surge in momentum upon the breakout from the neckline, anticipated around the 69.10 area. To guide our trading decisions, we've delineated two distinct targets: an immediate target around 72 and a final target for exiting the trade will be around 75.90.
It is paramount to approach trading with caution and adhere to sound money management principles. Your insights and perspectives on SNGP are encouraged.
EFERT -PSX EFERT Is in bullish trend and testing its long term trendline with no divergence at top , possible forming its HL at 0.618 fib retracement
buy at CMP with risk defined BELOW HL
CPHL - BULL FLAG, TARGET: 35.20CPHL surpassed the 50% target at the 30.90 level and hit the upper cap at 31.59. The current momentum shows strong bullish behavior in the North, indicating that the target of 35.20 might be achieved in the next few sessions. It is suggested to stay long!
TARGET: 35.20
WAVES | Cup & Handle Pattern Vs Trend Line SupportWAVES displays a promising bullish reversal pattern characterized by the formation of Cup & Handle pattern. Additionally, the stock price is supporting its ascending trend. Our plan entails accumulating the stock within the designated buy zone (7.20 - 7.50 range), while setting stop loss orders below the bottom of its CUP around 6.50 to manage risk effectively.
Anticipation builds initially around its neckline around 8.20 and upon the breakout from the neckline, anticipated around the 9 area.
It is paramount to approach trading with caution and adhere to sound money management principles. Your insights and perspectives on WAVES are encouraged.
Tomcl Analysis.(Buy)Analysis: 📈 Tomcl forms a bullish flag pattern, indicating potential upward movement. However, recent RSI divergence caused a temporary fall to form a higher low (HL), aligning RSI with the price action. The price is currently at the channel top, encountering resistance. Crossing this level with substantial volumes could trigger a bullish momentum.
Strategy: 🎯 Consider buying Tomcl above 34.50 or ideally above 38.50, targeting initial gains at 40.60 and then aiming for 45.00. Ensure volume confirmation for sustained bullishness. Keep an eye on price action near the channel top for breakout signals. Happy trading! 🚀
NCLNCL is trading in Falling Wedge Pattern (Reversal Pattern) .
We can attempt to buy NCL from specified level as it break last LH , trendline resistance , also bullish divergence occur indicate that it move upward.
SL , TP mention in chart.
CLOV - CRAB PATTERNAfter a bullish trend, CLOV is expecting a reversal trend , bearish move expected. Short entry recommended in CLOV.
LOTCHEM - ABCD PATTERNAfter a bearish trend, LOTCHEM is expecting a reversal trend , good bullish move is expected. Long entry recommended in LOTCHEM.
TOMCL - GARTLEY PATTERNAfter a bearish trend, TOMCL has reversed its trend , good bullish move is expected. Long entry recommended in TOMCL.
PSO - BAT PATTERNAfter a bearish trend, PSO has reversed its trend , there is a divergence on RSI too and a good bullish move is expected. Long entry recommended.
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 recommended
PSX printing a Bearish flag Pakistan Stock Exchange seen printing a bullish flag most likely to break the all time high
