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Earnings, Trendlines, & Cyclic Momentum: PAEL at a Turning PointPre : PAEL has shown strong financial growth, with Q1 2024 net profit surging 1,090% YoY to PKR 444.9 million, driven by eased import restrictions and market stability. For the nine months ending September 2024, profit after tax rose 97% YoY to PKR 1.863 billion, supported by a 35% revenue increase due to higher sales volumes and price adjustments. Post : the stock is trading in rising wedge pattern with support levels at PKR 43.58 and 40.50 and RSI indicates near overbought levels, potential short-term volatility. Main future outlook depends on government upcoming energy policies, increasing home solar systems market demand will intact, Key on eyes upon 46-levels breaks above levels rally towards 54-58 PKR, aligning with the projected 15-20% gain.
PSX:PAELLong
by jahanzaibM
Technical Analysis of BIG BIRD FOODS Limited(BBFL), PSX Technical Analysis of BIG BIRD FOODS Limited(BBFL), PSX Falling Wedge Pattern , CMP : 50.15 Date: 18-03-2025 Analysis By : Ali Safwan Pattern Formation: Falling Wedge Potential Targets (TP Levels) TP-1: Around 59.03 PKR TP-2: Near 63.81PKR TP-3: Extended target around 75.70 PKR TP-3: Extended target around 82.61 PKR Bullish Case: If the price breaks above 52.47 with strong volume, it could confirm a bullish breakout, targeting TP1 till TP3 . Bearish Case: If the price fails to break out, it may retest lower support levels at 46.08 and consolidate further. Ideal Entry: A breakout above 52.47 PKR. Stop Loss after Entry 49.50
PSX:BBFLLong
by ALIDX80
MARI - PSX - Beginning of a Bull Run MARI is the market leader of PSX. Historically, on time cycles it has shown consolidation period of 43 days before going into a bull run spanning around 32 days. Price after making the falling wedge has broken the structure upwards and now has even crossed the recent Lower High 627.40 as well - which signals a trend reversal towards bull run. Very good volumes are also experienced which are also confirmed by KVO which is a volume-based oscillator (blue line is almost at 60 degree angle going up). RSI is at 70 without any sign of reversal. Therefore, it would be a fair bet that we might see another cycle of bull run which should cross the previous all-time high (900.23) calculated on the basis of AB=CD or Fib based Extension tool. A minor retrace at key levels is expected where one should book profit. Trade Values Buy-1: 649 Buy-2: 630 (if price dips) TP-1: 740 TP-2: 840 TP-3: 900 TP-4: 1030 SL: 535
PSX:MARILong
by Golden_Spur
MARI PROBABLY IN WAVE 'C' or '3' - LONGMARI is most probably in wave C or 3 which will be clarified will volume, as 3rd waves have the highest volume in general. We already have an active trade in this which I missed out to publish earlier but I'm doing my best to post it now. If either wave C or 3 count is correct then we are heading up but as I've taught we should always have an alternate wave count and in this case the best alternate count is a wave B correction. Wave B corrections can take any corrective pattern shapes therefore are very hard to pin point its wave count until it is completed, however the direction is still same but targets will get squeezed if its a B wave. Also the volume will not be as much of an impulse wave. Let see how this plays, Good Luck ! Disclaimer: The information presented in this wave analysis is intended solely for educational and informational purposes. It does not constitute financial or trading advice, nor should it be interpreted as a recommendation to buy or sell any securities.
PSX:MARILong
by KayJay
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