mbaberhanif

ISL | International Steel LTD

Long
mbaberhanif Updated   
PSX_DLY:ISL   INTERNATIONAL STEELS LTD
Analyzing the current chart, we observe the formation of a Flag pattern and currently it shows break out and retest from its flag. Initial target of the stock is around 74.50-75 and secondary target is around 78. In a long term, upon completion of the flag pattern, the price can reach to 88 level also. Use stop loss if it breaks 64.
Comment:
ISL was recommended on last Wednesday, first and second target achieved, book 50% profit on the second target of 78 and hold remaining for the third target of 88. 🚀🚀
Trade closed: target reached
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