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mbaberhanif

Airlink breaks out parallel channel

Long
AIR LINK COMMUNICATION LIMITED (PSX_DLY:AIRLINK)  
mbaberhanif Updated   
PSX_DLY:AIRLINK   AIR LINK COMMUNICATION LIMITED
Technical Indicators Chart Patterns Trend Analysis
6
0
indicator chartpattern trendanalysis
AIRLINK is trading in a fine bullish trend after the break out of descending parallel channel. First support is at 30 if it breaks then it can test it's major support in weekly time frame at 23. However, first resistance is at 33 if it breaks then second resistance is at 37.50.

RSI ia at over bought level and MACD shows bullish sign.
Trade closed: target reached
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