Wait for the Resistance to Cross!hidden Bullish divergence.
but there is a bearish div. so wait for the resistance to break first.
Beautiful candle but Bearish Divergence is also there..
Beautiful candle formed on Weekly basis.
But Bearish Divergence is also appearing
& a very strong resistance is around 111.
Crossing & Sustaining this level will expose
125+
Remember, if 104 - 105 is not sustained, the channel
bottom is around 80 - 82
Bullish Divergence in EFERTThere is a bullish divergence observed in the EFERT chart on the daily timeframe. The current downtrend has already reversed and will be confirmed if the previous LH is broken and a new HL is formed. If the previous LH is broken, it will be a good time to take a long position as indicated on the chart.
Play on levelsMonthly closing above 66 is actually
an important Support.
Retest of Trendline done.
Weekly Support is around 71 - 68.
Immediate Resistance is around 91 - 92.
If this level is sustained, we may witness 96 - 97
Higher Low intact.Important to Sustain 51 - 52 on
weekly basis for further upside.
If this level is crossed with good volumes,
we may witness 59 - 60
and if 51-52 is not sustained, we may witness
36-37 again & even 26 - 27 (in extreme selling pressure)
which seems somewhat unlikely because HL has not yet broken.
Currently in a consolidation zone.Currently in a consolidation zone.
Price is moving in a range of 5.5 - 10
Those who can accumulate, may do so in
the mentioned price zone.
Upside immediate targets can be around 13 at least.
Inverse H & S pattern appearing..Currently at Resistance around 24.50
Inverse H & S pattern.
Sustaining this level may reach towards 25.50 & 26.70
It should not break 18.50; otherwise we may see trend
reversal.
Bullish Divergence appeared on bigger tf.Bullish Divergence appeared on bigger tf.
Sustaining 33 on monthly basis would be
a positive sign.
36 is the Breakout level.
Immediate targes can be around 43 - 45
If 32 is not sustained on Monthly basis,
we may see further selling pressure towards
25 - 27
NBP QUICK SHORT TRADENBP has made famous Three Little Indians or Three Symmetrical Peaks Pattern.
It shows short term downward trend, Weis Volumes also suggest behavior
SHORT NBP 84-86
TP 80
SL 87
POL - PSX - Buy IdeaPOL 4H chart shows a potential bullish setup, with divergence between price and RSI. Price is retesting the breakout zone around 530. Look for Buy with SL below 490 and take profit at 640. RSI holding above 50 also shows bullish momentum.
AVN SHORT TRADEAVN has recently broken its uptrend and also made Bearish Breaker Block which will act s resistance and further downfall
Short Sell AVN 47-51
TP1 43
TP2 37
SL 56
AGL SHORT TRADEAGL has completed its distribution phase of Wyckoff Cycle and has started its downtrend.
shortsell @ 64-62
TP 52
SL above 66
IF YOU MISSED BNL- DON'T SKIP TREET BREAKOUTTREET was in long-term downtrend till June 2021, it gave breakout in June and it's Pullback continued from July 21 to Dec 2022. I has been long term accumulation phases A,B,C & D of Wyckkoff Method from Dec 2022 to Dec 2024. It has given breakout from this consolidation and has given a beautiful Spring on Pullback of phase D. Huge up move after Breakout with above average volume and candle after Rs 22.2
UNITY- INVESTMENT TRADEUNITY in trading in uptrend channel since May 23
It has reached bottom of this channel
It has successfully created a perfect spring/bear trap in Prominent OverSold Area (POSA)
It is low risk high probability investment trade set up with around 50% potential gain.
BUY1 @27.8
BUY2 @26.1
TP 35.8
SL 23.9
SEARL- SHORT TRADESEARLE is in downtrend channel, its bearish attitude is also confirmed with Volume Behavior Analysis.
BOP SHORT TRADEBOP has recently broken its upward trendline with heavy volumes
Short sell BOP 9.7-10.7
TP1 8.8
TP2 7.8
SL 11.1
BF BIOSCIENCE BullishBUY SIGNAL...!!!!
Recent Price Movement: As of May 16, 2025, BFBIO's stock price closed at PKR 168.03, marking a 10% increase for the day. Over the past week, the stock has risen by 11.86%, although it has experienced a 3.45% decline over the past month.
TradingView
Technical Analysis: The stock is currently in a bullish zone, with analysts suggesting potential movement towards the PKR 200–250range in the near future. WT Cross indicators shows a great breakout from -55 zone which shows a strong trend reversal where as squeeze momentum breakout green histogram
Moving Averages: The 5-day and 50-day moving averages are at PKR 153.76 and PKR 143.35 respectively, both indicating a bullish trend.
Investing.com
Relative Strength Index (RSI): The 14-day RSI stands at 62.67, suggesting that the stock is approaching overbought territory, which often precedes continued upward momentum
a Very Strong Weekly Bullish Candle; but
a Very Strong Weekly Bullish Candle; but
there is a Resistance around 240 - 245.
Crossing this level may hit 290+
On the flip side,
though Channel Support s around 165 - 170 but
we also have a Strong Support around 190.
Though Bullish but..
Though Bullish but Bearish Divergence has appeared
on bigger TF.
ABCD Pattern intac but only if 155 is Crossed & Sustained
with Good Volumes.
Upside Targets can be 200+
Good Support levels are 136 - 138 and then around 123 - 125
LOTCHEM PROBABLY IN WAVE ' X ' OR ' Y ' OF A CORRECTIONAs per our preferred wave count LOTCHEM is in wave Y which should take prices further down toward the 13 level and if bearish trend stays strong then even 9.50 is on the cards, however prices need to break below 15.53 level first.
Alternately prices can still be in X wave and will take prices further up towards 25.40 - 27.40 range and if the bullish trend stays strong 31 level is also at hand, however prices will have to break above 20.20 level first.
As the overall momentum of the PSX is bearish and our preferred wave count is bearish, We will activate short sell trade once price close below the red trendline on the daily chart.
Incase prices never close below the red trendline and starts rising, We will enter long position at 20.20 targeting 25.40 range. I will share stop loss for the trade setup once our trade gets actived
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.
HH HL still intact.
HH HL still intact.
Hidden Bullish Divergence has appeared.
We may expect the reversal only if 36 is not broken.
49-50 can be immediate targets in case of reversal.
Bullish Divergence on DTF.
Bullish Divergence on DTF.
Important Resistance is around 52.50
However, sustaining this level will
expose 55 - 60 zone.
Bullish Divergence.
Bullish Divergence.
Weekly Closing above 51.30 - 51.50
would be a healthy sign.
However, 55 is an Important Resistance level.
immediate targets if 51.50 is Crossed & Sustained
will be around 55 & then 58.
Since it is moving in a range, so both sides must be
kept in mind.
Support Zone is around 45 - 47. & this time if it
breaks 44, we may witness further downside. which is
(for the time being) negligible because of Bullish Divergence.
