PSX Technical Signal Daily Freemium
PSO Pakistan State Oil Company Limited
PSO: sym triangle breakout in bullish direction
By Admin Active
| Entry | 343.00 |
|---|---|
| Stop loss | 332.00 |
| Target 1 | 370.00 |
Supported by a trendline at double bottom.
Our Pivot: 332
Our Preference: Buying between 346-340 with strict stop loss of 332 and profit target at 370 is recommended.
Alternate Scenario: Downward penetration of 332 will call for 318.
TECH NOTE: PSO is being supported by a trendline after bullish breakout of its sym triangle on daily chart, meanwhile a double bottom is being formatted on this same region