SYM is expected to cross 82 level in next 06 to 24 months.SYM consistency showing positive growth and it is expected to cross 20 level soon and then 35, 51, 67 and 82 in next 12 to 24 months
Note: This is not a buy/sell call.
Use stop loss.
SYM trade ideas
SYM - PSX - Technical AnalysisSYM is in bull run.
At present KVO is suggesting a strong bull run; however, a bearish divergence has formed on RSI, which may cause the prices to retrace a bit which is good as then a Higher Low of the Bull cycle will be defined and then price will again go up. Therefore, buy on dip is quite possible but in case price continues to go up then Buy-3 should be executed, otherwise Buy-1 and Buy-2 would suffice.
Trade Value:
Buy-1: 17.17 (at fib 0.38 retracement)
Buy-2: 16.33 (at fib 0.50 retracement)
Buy-3: 20.11 (if Buy 1 and Buy 2 are not triggered)
TP-1: 21.67
TP-2: 23.63
SL: 12.30
SYM ready for the take off !SYM has successfully retraced to the trendline of Pennant. After successfully forming Pennant, the stock has went into healthy consolidation and retraced to the levels and finally about to break the last LH around 10.90, which posed to be a significant resistance level.
Once SYM crosses 10.91, it will be poised to reach 16 soon after giving further confirmation by breaking the Pennant pole @ 11.90 level, potentially offering around ~50% upside on current levels.
SYM ready for another 15% gainReady to touch the final leg of the Bullish Flag i.e. 15% from current levels.
Instant entry can be made with SL around 14.3 for the final TP of 16.7
SYM-LONGSYM is trading in a bullish trend and has formed a flag shaped pattern which is a trend continuation pattern,wo we will take a long entry
SYM | Bullish Pennant PatternThis chart shows a symmetrical pennant formation for Symmetry Group Ltd., indicating a potential breakout. The pattern suggests bullish momentum if the price breaks upward, with key targets set at different levels: the initial target at 10.90 PKR, a double top target at 11.85 PKR, and a pennant target at 14.45 PKR. A stop loss is defined at 8.89 PKR, mitigating downside risk if the breakout fails. This setup suggests traders are anticipating upward movement, with increasing potential as targets are met, though the stop loss limits potential losses in case of a downward move.
