AIRLINK trade ideas
AIRLINK | Bullish TrendAIRLINK is in bullish trend after the break out seen from its previous all time high level. Currently high volumes is observed in this stock. Expected upside around 125-126 from where rejection can be seen.
AIRLINK Hourly AnalysisAIRLINK approximate Targets zones towards upside and downside given. Crossing its previous Higher High will further pave way for further movement towards the upside and may target 121
AIRLINKPull back from the trend line is observed in AIRLINK. Initially it has potential to test 77 level and previous top lies around 83 which can be considered second target. Use stop loss if breaks trend line at 68.
AIRLINK ANALYSIS 2.0AIRLINK is in a bullish trend with no rsi divergence + forms a bullish harmonic patterns indicating big targets till 94.
buy 1 at support zone and buy 2 after breakout. SL marked and targets marked
Weekly Supportas mentioned on 30-06-2024 that
weekly closing above 68.20 would be a
positive trigger.
Last Week's Closing is 73.16 & low was 69.50
Weekly Closing above 68.20 would be a Positive Sign
Though Slight Bearish Divergence is appearing
but it would be confirmed after Weekend's Closing
It is Still Making HH HL on Weekly Basis
70 to 68 may act as Good Immediate Supports
Crossing & Sustaining 75, would trigger a positive signal
Airlink (Analysis).(short swing intraday)
Airlink has retraced to the .382 Fibonacci level, setting the stage for a potential bullish move. 📈 Our target is a promising 79, supported by bullish signals from indicators like the RSI above 70 and expanding Bollinger Bands. 🚀 Consider entering a long position to capitalize on this upward momentum.
For profit-taking, aim to sell 50% of your position between 74.50 and 75.30. 🎯 To protect your investment, set a stop-loss order below 71.70 on a closing basis. 🛡️ Best of luck with your trade, and may the markets be in your favor! 💰
Airlink extremly Bullish.📈 Trade Recommendation
Asset: Airlink
Strategy: Go Long (Buy)
Current Price:
Target Prices: $80, $100
Indicators:
Extremely Bullish 🐂
Strong Bullish Momentum 🚀
Confirmation Level: Retest at $74
Action Plan:
Buy at Current Rates or wait for a retest at $74 for confirmation.
Set sell targets at $80 and $100.
Manage risk with appropriate stop-loss levels and stay updated with market developments.
Disclaimer: Trading involves risks. Please conduct your analysis or consult a financial advisor before making investment decisions.
AIRLINKWe can attempt to buy AIRLINK from specified level by placing buy stop as it has potential to achieve new targets i.e : 96 .
SL , TP mention in chart
Airlink breaks out parallel channelAIRLINK is trading in a fine bullish trend after the break out of descending parallel channel. First support is at 30 if it breaks then it can test it's major support in weekly time frame at 23. However, first resistance is at 33 if it breaks then second resistance is at 37.50.
RSI ia at over bought level and MACD shows bullish sign.
AIRLINKThe bullish pennant is a continuation pattern in technical analysis that typically forms after a strong upward price movement. It is characterized by converging trendlines that resemble a small symmetrical triangle or a flag, with the flagpole representing the prior price move. Confirmed when the price breaks above the upper trendline of the pennant. The potential price target is estimated by measuring the height of the preceding flagpole and projecting it upward from the breakout point (shown on chart). Traders interpret the bullish pennant as a signal to enter long positions, anticipating a continuation of the prior uptrend. Confirmatory indicators and risk management are essential for informed trading decisions.
AIRLINK has more to give!🚀 Stock Alert: *AIRLINK*
📈 Investment View: Technically Bullish 📈
🔍 Quick Info:
📈 Buying Range: 62.50-63
🎯 First Targets : 68
🎯 Second Targets : 72
⚠ Stop Loss: 57.50
⏳ Nature of Trade: Short Term (Scalping)
📉 Risk Level: Medium
☪ Shariah Compliant: YES
💰 Dividend Paying: NO
📰 Technical View: Observation of a retracement from the retest of its trend line is noted in the price action of AIRLINK. Consideration may be given to initiating a long position, with a suggested stop loss placed at 57.50. It is noteworthy that a previous high of 72 was observed in December 2023.
Play On LevelsRisky Players may take Entry at CMP
with a Stoploss of 57 (Closing Basis)
{Lower than Last Candle Closed}
Otherwise,
Plan1
Buy around 52.50 - 53.50
Sell around 57 then 60
Stoploss 50 (closing basis)
Plan2
Buy Above 75
Sell around 80
Stoploss 72 (Closing Basis)
Bullish Flag Pattern* FLAG PATTERN on Daily + Weekly Basis
* Bullish on Weekly as well as
Monthly TF
* Making HH HL on Hourly Basis
AIRLINK:PSX is in downtrendAIRLINK:PSX is presently in downtrend on 1D timeframe as it has been printing LHs and LLs. NO divergence has been observed on RSI. Presently, last daily candle is being seen retracing from 61.8% fib at the end of corrective move and is likely to continue its impulse move from this point onwards till our marked targets. Therefore, an instant short position has been established with SL above previous LH and proportionate TP1 and TP2.
AIRLINK - Golden Cross AIRLINK - GoldenCross Spotted
The bullish trend may continue in days ahead, targeting 29 -30 initially.
Air Link Communication Ltd - BuyAir Link LTD is trading in Bullish Trend as it is printing HH and HL. in previous trading it is printing LL and LH, and at the point of 24 it is brick the LH and change the trend Bearish to Bullish.
AIRLINK - Potential Upside 38% - #PSXThe initial public offering (IPO) of AIRLINK 75 took place, and currently, the stock is trading at $21.50. From this point, there appears to be a potential upside of 38% in this stock, with a recommended stop-loss level set at $19.60. This analysis suggests that the stock may have room to increase by 38% from its current price, and it is advisable to set a stop-loss level at $19.60 to mitigate potential losses.
"Do your own research and trade on your risk"
