Long SHEZLonged SHEZ. Bought spot shares. Entry, Stop Loss and Exit all there. Broken out of the trend line and RSI divergence is there too. Worth a punt!
Will update in due time.
Manage your risk! #DYOR
DGKC potential Buy setupReasons for bullish bias:
- Price gave a bullish closing above the weekly support level
- Price bounced from fib golden pocket
- Price gave downward trendline breakout
- AB = CD pattern can be seen, if price give resistance (also TP1) breakout, then next target can be considered at point D(approx. 105)
- Overall a bullish trend on daily
- Bullish divergence
Here are the recommended trading levels:
Buy 1: 87.03 (CMP)
Buy 2: 81.5
Stop Loss Level: 72.04
Take Profit Level 1: 96.5
Take Profit Level 2: Open
Happy Trading
Long HUBCI would have bought 104.21 as its a monthly OB. But I was late so I will wait now for it to come back to an other OB below at 86.53 if it comes. I will wait for it then long at my price. No rush. Entry, SL and Exit all there. Manage your risk! #DYOR
I will update if it ever comes and fill my price. Will wait and see. Remember all my trades are spot no leverage. I buy shares and keep it.
OGDC : AB=CD PatternOGDC: An ABCD pattern on the daily chart suggests a potential bullish move toward Point D if the price sustains and closes above Point B daily. Stop loss is at Point C.
HUBC is poised to make recovery and enter into bullish trendThe stock has recently broke its previous HH at 114 with heavy volumes and now poised to make another HH
Instant entry can be made here with SL of Rs. 103, with first TP of 127 and second TP of 140. Offering ~18% potential gains from these levels.
The stock has also made symmetrical triangle and broke out recently which further confirms its reversal pattern, however, the final projection of the symmetrical triangle would be Rs. 133.
Based on symmetrical pattern, the stock is still offering roughly about ~13%
PIBTL -PSX BuyPIBTL formed a classic Cup and handle formation in last one year (almost 236 trading session). the instrument recently gave breakout of this formation with very high volume. Volumes are synched with the price. If it sustains at this level, then bulls will get strength. TP-1 with 1:1 risk reward and TP-2 according to Cup and handle formation may be targeted.
BGL-LONGBGL is trading in a bullish trend,price has been retracing from 0.618 fib level,so it can b long at cmp
GAL READY TO TOUCH ITS PREVIOUS HH OF 360+Currently the stock has completed its retracement till 0.786 level on FIB, daily closing above 274 will post another capital gain of 9-10%, Initial TP is 300 with SL @ 216.5, TP2 as per the risk reward ratio of 1:1 is 331.5 and TP2 with RR of 1:2 of 389 rupees potentially offering 43% gain.
The stock as per ABCD pattern exposing the initial target of 300, giving daily closing above 300 will further open the horizon of 330 onwards. Trailing stoploss levels could be applied to maximize the gain, if an entry is made at 274
GLAXO - PSX - LONG (Buy) Trade Call On Daily TF, Bullish Hidden Divergence on RSI has already played. However, price is above EMA 89 and Klinger Volume Oscillator is above zero line; therefore, both indicating the continuation of bull run. price with little bit retracement should continue upwards. Fib Extension Tool has been used to identify TPs for new all-time highs.
My trade values are mentioned below: -
Entry LONG (Buy) : 254
TP 1: 298
TP2: 330
SL: 208
BIPL RangeBank Islami (BIPL) Buying Selling Range
Buy at or below 20, Sell 23 or above
Stop loss: 18.4
Note: This is not a buy/sell call
Trade at your own will
BOP LONGEntry, stop-loss all there. As soon it breaks that channel should rip to the upside. Manage your risk!
HTL - PSX - Daily TF - Buy Trade CallA textbook Reverse Head & Shoulder pattern has been made by the price candles on Daily time Frame. Neck line of H&S is about to be broken. Once it does so and there is no sign of reversing by making Double Top formation then Buy call is in Order.
Klinger Volume Indicator is above zero level and is facing upward almost vertically, indicating a sharp bull run. RSI indicator also close to 70 line, indicating that bulls are in control.
Trade Values
BUY : 43.50
SL: 32.36 (Just below previous HL)
TP: 51.70
TP2: 58.57
CNERGY - Long from Rs 4.5I entered last month and am already in a good profit. Monthly breakout already done.
Immediate targets and long terms highlighted with yellow lines.
Still Bullish but...Double Top Formation (Bearish).
However, Still Bullish on All Time Frames,
if it Crosses & Sustains 490 - 491, we may witness
516 - 517 immediately.
Strongly BullishSideways Channel Breakout.
Channel Top is around 33 - 35
Bullish Pennant Pattern Target is
around 40 - 42.
It should not break 23.50; else we
may witness trend reversal.
Airlink: PSX Buy CallAirlink was in bullish trend and making HH and HLs. in last 77 sessions, it is moving in a consolidation box. Today it gave breakout of the consolidation box/Bullish flag formation with huge volume which show strength of Bulls. it is expected that price may go high and will touch TP-1 at 1:1 risk to reward. One may target TP-2 i.e. projection of bullish flag.
FATIMA - PSX - Daily - Buy Trade Call AB=CD Harmonic PatternOn Daily TF, AB=CD pattern has been drawn.
RSI indicator suggests that a hidden bullish divergence is in play at the moment which is taking prices up. Moreover, Klinger Volume Oscillator suggests that a Bull run is about to begin but at a slow pace; if in next couple of days Volumes are generated then chances will become even brighter for the bull run.
Price is currently testing previous Higher High. If it is broken by a significant margin only then taking entry in the trade is in order. Fib Extension Tool has been used to arrive at a TPs.
My Suggested Trade Values
Entry (BUY STOP): 74
Stop Loss: 61 (Lower than previous LL)
TP-1: 82.19
TP-2: 86.67
PSX : AIRLINK AB=CD PatternAIRLINK : The ABCD pattern shows a breakout above the previous high (point B) with significant volume , indicating a potential move upward towards point D. Stop loss is defined at point C.
Very bullish Pak IT stock I'm very bullish on this Pakistani IT stock - the growth potential is immense for 5-20 years for long term holding
See sales growth & Profit margin and earning ratios - dps.psx.com.pk
Sales are to mostly foreign clients , therefore local currency and economic risk is manageable
