HL Confirmed on Weekly.HL Confirmed on Weekly TF around 92.
Bullish Divergence on Daily TF.
Crossing 107 with Good Volumes
may lead it towards 112 & then 120+
BERG trade ideas
Berg - Buy PSX:BERG making HH and HLs on weekly chart and respecting SMA30. Price retraced to 0.61 fib level which was also SMA 30 level and bounced back. Buy with SL below SMA level for long term ride. short term TPs marked. Ultimate TP 179
Breakout Required on Weekly...Crossing & Sustaining 107.50 may
expose New Highs targeting (may be)
around 150+
BERG - PSX - Buy Call - Crab PatternOn Daily time frame Bearish Reversal Crab Harmonic Pattern has been drawn.
RSI and Klinger also suggest that bullish run will continue for some times now.
My trade values are:
Trade Values
BUY: 101
SL: 89
TP: 119
BERG - KSE100- PSX - Possibly new higher low?BERG appears to be consolidating within an accumulation zone, suggesting a potential trade opportunity. Consider buying once the price surpasses 70, setting a stop loss at 60, and targeting a profit of 82. The stock is exhibiting a pattern of higher highs and higher lows, potentially indicating the formation of a new higher low, particularly as the price resides within the Fibonacci golden pocket zone.
BERGBuy Cal # *122-BERG*
*Plan1*
Buy1 : around 81.50 - 82
Buy2 : around 77 - 77.50
Stoploss 72 (closing basis)
TP1 : 85 - 87
TP2 : 93 - 96
*Plan2*
Buy Above 97
TP1 : 102
TP2 : 105
Stoploss 80 (closing basis)
BERGAfter forming flag patter BERG first target is at 92.50. If this level breaks then it can test 98 and after crossing price can test to 116.
BERGPlan1:
Buy1 : around 80 - 80.30
Buy2 : around 76 - 77
Stoploss 72 (closing basis)
TP1 : 83
TP2 : 86
PSX: BERG Gearing up for travel to North.BERG has been steadily moving upward for quite sometime. It has been facing the resistance thus forming a triangle. We have two strategies to trade the triangle 1. take position at the Breakout of price above the triangle . 2 is buy the support.
for those who want to buy at discount the fib. levels has been identified along with the stop loss levels.
