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mbaberhanif

AIRLINK

Long
AIR LINK COMMUNICATION LIMITED (PSX_DLY:AIRLINK)  
mbaberhanif Updated   
PSX_DLY:AIRLINK   AIR LINK COMMUNICATION LIMITED
Trend Analysis Chart Patterns Technical Indicators
11
0
trendanalysis chartpattern indicator
Pull back from the trend line is observed in AIRLINK. Initially it has potential to test 77 level and previous top lies around 83 which can be considered second target. Use stop loss if breaks trend line at 68.
Trade active
Comment:
Comment:
Update on AIRLINK
It was recommended on last Friday at 70.50 for the targets of 77 and 83. Today it bounce back from again from its trend line. Can be consider for short term target of 74 and has potential to test previous targets of 77 and 83 upon break out.
Trade active:
AIRLINK had breached its trend line support and currently declining after the retest. At present initial support lies around 70 and secondary support lies around 67. If the selling pressure resumes and the buyer gets active then a possible pull back is expected.
snapshot
Trade closed: target reached
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