๐ UNITY PSX โ Bullish Cypher + Double Bottom + Pullback Buy Zone ๐
๐ Pattern:
X: 17.60 โ A: 35.61 โ B: 25.01 โ C: 40.14 โ D: 22.02
โ Perfect Bullish Cypher completion at D
๐ Double bottom at D โ neckline breakout
๐ Current Setup:
Hit 32.00 ๐ฏ โ now retracing to 28.00 ๐ก (Fib breakout retest)
This zone is a buy-on-dip 28.50 to 25
๐ฏ Targets:
TP1: 32 ๐ (recent high)
TP2: 35 ๐ (A-point retest)
TP3: 39--40๐ (C-point retest โ extended move)
๐ Stop-loss: Below Double Bottom
๐ผ Fundamentals โ Power Boost:
1๏ธโฃ Net Profit Rs 1.09 bn vs. Rs 1.21 bn loss last year ๐
2๏ธโฃ EPS +0.92 vs. โ1.01 previously ๐ฐ
3๏ธโฃ Gross Profit +10.5% to Rs 7.41 bn (cost of sales down 12.6%) ๐ญ
4๏ธโฃ Operating Profit +36% to Rs 6.80 bn; Other Income +202% to Rs 2.13 bn ๐ต
5๏ธโฃ Dividend 75% cash declared ๐ฆ
โก Summary:
Technicals + Fundamentals = High-confidence setup ๐
๐ Pattern:
X: 17.60 โ A: 35.61 โ B: 25.01 โ C: 40.14 โ D: 22.02
โ Perfect Bullish Cypher completion at D
๐ Double bottom at D โ neckline breakout
๐ Current Setup:
Hit 32.00 ๐ฏ โ now retracing to 28.00 ๐ก (Fib breakout retest)
This zone is a buy-on-dip 28.50 to 25
๐ฏ Targets:
TP1: 32 ๐ (recent high)
TP2: 35 ๐ (A-point retest)
TP3: 39--40๐ (C-point retest โ extended move)
๐ Stop-loss: Below Double Bottom
๐ผ Fundamentals โ Power Boost:
1๏ธโฃ Net Profit Rs 1.09 bn vs. Rs 1.21 bn loss last year ๐
2๏ธโฃ EPS +0.92 vs. โ1.01 previously ๐ฐ
3๏ธโฃ Gross Profit +10.5% to Rs 7.41 bn (cost of sales down 12.6%) ๐ญ
4๏ธโฃ Operating Profit +36% to Rs 6.80 bn; Other Income +202% to Rs 2.13 bn ๐ต
5๏ธโฃ Dividend 75% cash declared ๐ฆ
โก Summary:
Technicals + Fundamentals = High-confidence setup ๐
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.