KOSM LONG TRADE (SECOND STRIKE) 11-06-2025KOSM LONG TRADE - SECOND STRIKE
We're issuing a second strike call for KOSM (PSX) based on its promising technical setup. Previously, we noted that KOSM had been trading in a downward channel since December last year. After breaking down in the previous month, it experienced a selling climax but quickly reversed, returning to the channel.
Recent signs indicate a potential new uptrend, driven by positive volume distribution and price action. The reversal has formed an inverted head and shoulder pattern, suggesting a bullish outlook.
🚨 TECHNICAL BUY CALL – KOSM🚨
Buy 1 - Current level: 5.64
Buy 2 - 5.4
Buy 3 - 5.2
- TP1: 5.99
- TP2: 6.5
- TP3: 7
- Long-term TP1: 7.6
- Long-term TP2: 8.2
- Stop Loss: Below 4.6 (Day closing basis)
- Risk Reward Ratio: 1:5
Caution: Please buy in 3 parts in buying range. Close at least 50% position size at TP1 and then trail SL to avoid losing incurred profits in case of unforeseen market conditions.
PLEASE BOOST AND SHARE THE IDEA IF YOU FIND IT HELPFUL.
