π Stock Alert: PSO
π Investment View: Technically Bullish π
π Quick Info:
π Buying Range : 183-184
π― First Target : 192
π― Second Target : 205
π― Third Target : 218
β Stop Loss: 173
β³ Nature of Trade: Mid Term
π Risk Level: Medium
βͺ Shariah Compliant: YES
π° Dividend Paying: YES
π° 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.
π Investment View: Technically Bullish π
π Quick Info:
π Buying Range : 183-184
π― First Target : 192
π― Second Target : 205
π― Third Target : 218
β Stop Loss: 173
β³ Nature of Trade: Mid Term
π Risk Level: Medium
βͺ Shariah Compliant: YES
π° Dividend Paying: YES
π° 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.