TradeTrio

HITECH LUBRICANT | Weekly Scale | Inverted HnS Pattern

Long
PSX_DLY:HTL   HI-TECH LUBRICANTS LTD
HTL has just broken its downward trend after the formation of an inverted head and shoulder pattern (bullish reversal). We are currently witnessing a bullish trend with a first upside target of 36 and 37.

Dynamic support (EMA) can be used as a stop-loss for any long position.

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