ACPL was in WYCKOFF Re-Accumulation Zone for FIVE months DEC 2024-APR 2025, giving breakout few days.
The pattern can be compared to Flag and Pole also.
Measured Move Targets show good risk to reward ratio.
Set-up is of High Probability as suggested by Advanced Volume Distribution Analysis
🚨 TECHNICAL BUY CALL –ATTOCK CEMENT PAKISTAN LTD (PSX: ACPL) 🚨
🎯 BUY ZONE: Rs. 300-310
📈 TP 1: Rs. 355
📈 TP 2: Rs. 380
🛑 STOP LOSS: BELOW Rs 280(Daily Close)
📊 RISK-REWARD: High Conviction | 1:3.75+
Caution:
Please close at least 50% position size at TP1 and then follow strict trailing SL to avoid losing incurred profits in case of unforeseen market conditions
PLEASE BOOST THE IDEA IF YOU FIND IT HELPFUL.
The pattern can be compared to Flag and Pole also.
Measured Move Targets show good risk to reward ratio.
Set-up is of High Probability as suggested by Advanced Volume Distribution Analysis
🚨 TECHNICAL BUY CALL –ATTOCK CEMENT PAKISTAN LTD (PSX: ACPL) 🚨
🎯 BUY ZONE: Rs. 300-310
📈 TP 1: Rs. 355
📈 TP 2: Rs. 380
🛑 STOP LOSS: BELOW Rs 280(Daily Close)
📊 RISK-REWARD: High Conviction | 1:3.75+
Caution:
Please close at least 50% position size at TP1 and then follow strict trailing SL to avoid losing incurred profits in case of unforeseen market conditions
PLEASE BOOST THE IDEA IF YOU FIND IT HELPFUL.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.