World Call posing 46% Capital upside The stock has broken its last LH @ 1.65 on weekly basis, one should keep the stock in its monitoring list for the breakout of 2.08 for atleast 46% upside for the projection target of 3.03, Exit can be made around 2.95-3 for solidifying gains. Longby Trader-Roze5
WTL, Bullish Trend Facing ResistanceTrading between Support and Resistance Zone Broke Resistance 1 Currently facing resistance 2 Might retest Resistance area 1 before creating new high Closing above Resistance 2 is must for next target Breaking and closing of R2 will trigger it towards Rs.2 by itsrohansaeed7
PSX: WTL Taking Off to New HorizonsAt the turn of 2023 the script showed some hyper move. Since than it has been in consolidation. Start of the May also showed the attempt to break away but it was restricted by the 200 SMA on weekly chart. The security has traced back to Fib. level of 0.618, which is a healthy level, and shown some reversal signs on Hourly charts. Therefore we may initiate a long position at Current Market Price (CMP). Stop loss should be placed under 1.25. Wishing you a profitable trading.Longby usufgul8
PSX: WTL CAN HISTORY (2021) REPEAT ITSELF.WTL is a technology company at Pakistan Stock Exchange. Over the period of one year the company has printed the soucer bottom. From Oct. 23 to date the script has been posting HH and HL.. This brings the conclusion that that accumulation phase is about to be over. Closing above 1.90 shall commence the breakout phase. This trade may span over weeks. Support level has been drawn using the hourly charts. From Stop Loss to weekly high is buying zone. Use utmost vigilance while entering the position as overhead cost of such small cap is high.Longby usufgul14
WTL - BULLISHEngaging in trading activities by relying on the analysis of patterns involves the systematic examination of historical price movements and formations in financial markets. Traders who employ this approach typically scrutinize charts and identify recurring patterns, such as triangles, head and shoulders, or candlestick formations, to make informed decisions about when to enter or exit trades. The methodology behind pattern analysis is rooted in the belief that historical price movements often repeat themselves, providing traders with valuable insights into potential future market behavior. By recognizing and interpreting these patterns, traders aim to predict market trends and capitalize on potential opportunities, enhancing their chances of making successful trades. However, it's important to note that pattern analysis is just one of many tools in a trader's toolkit, and its effectiveness is subject to various factors and market conditions.Longby mHamzaArain113