๐ Stock Alert: PSO
๐ Investment View: Technically Bullish ๐
๐ Quick Info:
๐ Buying Range : 183-184
๐ฏ First Target : 192
๐ฏ Second Target : 205
๐ฏ Third Target : 218
โ Stop Loss: 173
โณ Nature of Trade: Mid Term
๐ Risk Level: Medium
โช Shariah Compliant: YES
๐ฐ Dividend Paying: YES
๐ฐ Technical View: PSO displays a promising bullish pattern characterized by the formation of flag pattern. Our plan entails accumulating the stock within the designated buy zone (183-184 range), while setting stop loss orders below the bottom of flag at 173 to manage risk effectively. Anticipation builds for a substantial surge in momentum upon the completion of flag around the 192 area. To guide our trading decisions, we've delineated two more distinct targets: an intermediate target around 205 and a final target for exiting the trade will be around 218 which acts as a major resistance level.
๐ Investment View: Technically Bullish ๐
๐ Quick Info:
๐ Buying Range : 183-184
๐ฏ First Target : 192
๐ฏ Second Target : 205
๐ฏ Third Target : 218
โ Stop Loss: 173
โณ Nature of Trade: Mid Term
๐ Risk Level: Medium
โช Shariah Compliant: YES
๐ฐ Dividend Paying: YES
๐ฐ Technical View: PSO displays a promising bullish pattern characterized by the formation of flag pattern. Our plan entails accumulating the stock within the designated buy zone (183-184 range), while setting stop loss orders below the bottom of flag at 173 to manage risk effectively. Anticipation builds for a substantial surge in momentum upon the completion of flag around the 192 area. To guide our trading decisions, we've delineated two more distinct targets: an intermediate target around 205 and a final target for exiting the trade will be around 218 which acts as a major resistance level.
Trade closed: stop reached
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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.