More Potential...Hidden Bullish Divergence on Daily TF.
Potential to move upside around 250 - 270.
However, breaking 185 will bring more
selling pressure.
BFBIO trade ideas
The BFBIO (BF Biosciences Limited) 1-day chart on the PSXKey Levels
Buy : Enter the trade if the price moves to fib levels between 167 to 148.
Stop Loss: Set at 145 to minimize potential losses if the pattern fails.
Take Profit (TP) Levels: 251.50 (All-time high)
Trading Strategy
Entry: Buy when the price (around 165 to 148).
Stop Loss: Place a stop loss at 145 to protect against potential downside.
Take Profit: Set a take profit level at 251.50 to capture potential gains.
BFBIO is flying to 4 figures.BFBIO is going very high since it started This positive momentum may lead it to 365, 640, 910, 1180 and 1430 level.
Note: This is not a buy/sell call. Trade
at your own will. Use stop loss
BFBIO - PSX - 15min - Technical AnalysisBFBIO being a recently listed SCRIPT, limited data is available on Daily TF, therefore, this analysis is being done on 15 min time frame.
After a strong bull run the price has retraced to Fib level of 53 % (186) before going a little bit up (at the time of this analysis price is 189).
60% Fib retracement level is quite possible as RSI divergence on 1h TF is about to be formed (Ideal would be on Daily TF).
Therefore, best entry could be to buy at 180 for getting maximum possible advantage. On the other hand, a safe Buy entry will be after the price goes up and makes a new High (above previous Lower High), so that HH, HL in a bull run is confirmed.
My Trade values:-
Buy-1: 180
BUY-2: 207
TP-1: 300
Stop Loss: 159
BFBIO | Flag Pattern 25% PotentialBFBIO is making flag pattern, break out is already observed, flag projection lies around 190.
BFBIO - PSX - 1h -Buy Call- AB=CD PatternBFBIO is newly listed stock in PSX. Its fundamentals suggest that it can be a good stock. Moreover, its IPO value was 78. Subsequent to IPO continuous price rise is a very good sign for quick gains.
On 1h TF, RSI and Klinger also suggest a likely bull rally.
AB=CD pattern has been drawn to arrive to TP.
Trade Values
BUY: 145.50
TP: 198
SL: 134
BFBIOBFBIO can be consider upon filling up the gap. Long position can be consider around 87.50 for the target of 93 with the stop loss at 85 if the parallel channel breaks downward.
