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Waves Breakout and Buy Idea !Waves Corporation Ltd (PSX: WAVES) – Long term Technical Setup Waves has finally broken out of a multi-year accumulation zone after trading sideways since late 2022. The stock has cleared the major supply area around 10–11 PKR, turning that region into a fresh support base. From here, I expect a healthy pullback into that zone (shakeout/retest) before the next leg higher. The first major resistance sits around 17.20, and a sustained breakout above that level could open the way towards the 28–30 PKR zone over the longer term. Volume has been picking up, which suggests real money is starting to rotate in. As long as price holds above 10, the structure remains bullish. This chart is setting up for a classic accumulation → breakout → retest → markup phase. Longer term investors may want to watch closely how it behaves on the retest before positioning for the bigger move.
PSX:WAVESLong
by TradeMarketWatch
Waves Corporation Ltd (PSX: WAVES) – Weekly Chart BreakoutWaves has finally broken out of a long consolidation zone with strong volume confirmation. Price closed at 9.97 (+10.29%), above both the 10 SMA (8.48) and 20 SMA (8.00). 📌 Trading Plan: Buy 1: CMP Buy 2: 9.4 Avg Entry: 9.6 Stop Loss: 8.5 TP1: 12 TP2: 16 📊 Observations: RSI at 69.29, approaching overbought but still room to run. Weekly breakout after 2+ years of sideways action. Strong volume spike supports bullish momentum. ⚠️ Risk management is key: Protect with SL below 8.5.
PSX:WAVESLong
by mehranali92
PAEL – Symmetrical Triangle Breakout Loading?PAK Elektron Ltd (PSX: PAEL) has been consolidating for months inside a symmetrical triangle, with price hugging the 10 & 20 SMA zone. The breakout could be just around the corner. 📊 Technical Outlook: Pattern: Symmetrical triangle within a larger consolidation box. Current CMP: 41.95 MA10 on monthly: Acting as dynamic resistance. Volume: Noticeable spikes during upswings, showing accumulation. RSI: Neutral zone at 52 – plenty of room for momentum in either direction. 📝 Trading Plan: Buy 1: CMP (41.95) Buy 2: 38.6 (on dip if retest happens) TP1: 47.5 (near 0.382 Fib level) TP2: 60 (major Fib retracement level 0.5) SL: 34.5 ⚡ Why Interesting? Price has been coiling, reducing volatility – a breakout can trigger strong moves. Weekly & Monthly structure shows alignment for a potential uptrend continuation. Above 49.5, momentum could accelerate toward 62+. 🔍 Watch Levels: 42.50 breakout confirmation zone 38.50 retest support 49.5 major resistance Disclaimer: This is not financial advice – just my personal trade setup based on technical analysis. Always do your own research before entering any trade.
PSX:PAELLong
by mehranali92
FCCL – Breakout Watch!Pattern: Ascending Triangle | Timeframe: 1D | Sector: Cement After weeks of consolidation, FCCL is finally knocking on the resistance door. With strong volume and momentum, a breakout could unlock serious upside potential! 📈 🔍 Setup Overview: ✅ Breakout Level: 51.11 – Key resistance to watch. Entry on sustained close above this level. 🟢 Current Price: 49.51 – Just below breakout zone. 💡 Indicators: RSI at 70.38 – Entering overbought territory, showing bullish momentum. SMA(10) and SMA(20) support the trend. 🎯 Trade Plan: 📥 Entry: Above 51.11 (on confirmed breakout) 🛑 Stop Loss: 45.10 – Below structure support and SMA cluster 🎯 Target 1 (TP1): 60.09 🎯 Target 2 (TP2): 71.57 This gives a strong risk-reward ratio, ideal for swing traders.
PSX:FCCLLong
by mehranali92
HCAR – Time Cycle Complete, Ready to Ride!The chart is showing strong accumulation with massive volumes, signaling smart money activity. Price has spent significant time in a sideways cycle, suggesting consolidation is now near completion. 🔑 Key Levels & Plans Plan 1: Buy near CMP / 285 | SL: 240 | TP1: 340 | TP2: 400 Plan 2: Buy above 340 (on sustained breakout) | TP1: 395 | TP2: 495 | TP3: 595 ⚠️ Caution: Strong resistance around 318–340. A breakout above this zone could trigger the next rally, but failure may lead to another pullback. 📌 Conclusion: Stock looks ready for a potential ride, but breakout confirmation is crucial before entering aggressively.
PSX:HCARLong
by mehranali92
Airlink: Wyckoff Automatic Rally in Play!#Airlink has started to show the classic signs of a Wyckoff Automatic Rally (AR) after months of persistent decline. The stock found strong demand inside the sell-side liquidity zone of 116.5–137.5, which acted as a potential Selling Climax (SC) where weak hands exited and stronger players absorbed supply. From there, the sharp bounce towards 161+ marked the Automatic Rally, signaling that supply had been absorbed and demand was strong enough to push prices higher. The Secondary Test (ST) has already been completed within the same liquidity zone, confirming demand absorption and strengthening the accumulation structure. With ST out of the way, the stock now eyes a potential Sign of Strength (SOS), which could emerge on a breakout above 180–185. If successful, the next upside target lies around 225 (previous high), while 200 could act as a Last Point of Support (LPS) on a retest. On the downside, a break below 116.5 would invalidate the accumulation setup and reintroduce markdown risk. Overall, #Airlink appears positioned in the early accumulation-to-markup stage of Wyckoff with a strong upside bias if the trading range holds. #Disclaimer: This analysis is for educational purposes only and not financial advice. Trading stocks involves risk; past performance does not guarantee future results. Please do your own research before investing.
PSX:AIRLINKLong
by tradeflowadvisors
BBFL – Big Bird Foods Limited: Range Breakout SetupBBFL has been moving sideways for months, locked inside a consolidation box 🟧. Price is holding well above the key support zone and building energy for the next decisive move. A breakout above the range could open the door to strong upside momentum. 🔑 Key Levels: CMP: 47.37 Support / Stop-loss: 44 🛡️ Range Resistance: 55.5 🚧 📌 Trading Plans: Plan 1 (Aggressive): Buy @CMP or on dips to 45.5 SL: 44 ❌ TP1: 52 🎯 TP2: 55 🎯 Plan 2 (Conservative): Buy only above 55.5 on closing basis ✅ TP1: 63.7 🎯 TP2: 69.5 🎯 TP3: 77.7 🚀 ⚡ BBFL is at a make-or-break zone. Holding above support keeps bulls in control, while a breakout above 55.5 could trigger the next rally.
PSX:BBFLLong
by mehranali92
AIRLINKAIRLINK – Daily Chart: Descending Channel Breakout Setup 📉➡📈 Technical Picture Price has been respecting a downward-sloping channel for several weeks The lower highs and lower lows defined the downtrend until recently. breaking out! Now, Breakout confirmation: 🚀 Upper Cap done! Volume expansion on breakout day Buy on retracement or use buy stop order 140 150 or buy agressively from CRP (current market price) Retest buy zone: PKR 138–140 after breakout 🛡 Short-term target: PKR167 🎯 Medium-term target: PKR 180 and 186 if momentum holds ⛰ Medium-term target: PKR 200 and 228 if momentum holds ⛰ Fundamentals Still Solid & Confirmed Xiaomi Smart TVs: Local assembly started Jan 2025 via subsidiary Select Technologies. Earnings: FY24 Revenue +162%, PAT +242%, EPS Rs 7.74, Dividend Rs 6. Product Range: Samsung, Xiaomi, Apple, Tecno, Acer, wearables — keeps diversification strong.
PSX:AIRLINKLong
by SmartMoney-AR
Unity📈 UNITY PSX — Bullish Cypher + Double Bottom + Pullback Buy Zone 💎 🌀 Pattern: X: 17.60 → A: 35.61 → B: 25.01 → C: 40.14 → D: 22.02 ✅ Perfect Bullish Cypher completion at D 📊 Double bottom at D → neckline breakout 📍 Current Setup: Hit 32.00 🎯 — now retracing to 28.00 🛡 (Fib breakout retest) This zone is a buy-on-dip 28.50 to 25 🎯 Targets: TP1: 32 🔁 (recent high) TP2: 35 🚀 (A-point retest) TP3: 39--40🌙 (C-point retest — extended move) 🛑 Stop-loss: Below Double Bottom 💼 Fundamentals — Power Boost: 1️⃣ Net Profit Rs 1.09 bn vs. Rs 1.21 bn loss last year 📈 2️⃣ EPS +0.92 vs. –1.01 previously 💰 3️⃣ Gross Profit +10.5% to Rs 7.41 bn (cost of sales down 12.6%) 🏭 4️⃣ Operating Profit +36% to Rs 6.80 bn; Other Income +202% to Rs 2.13 bn 💵 5️⃣ Dividend 75% cash declared 🏦 ⚡ Summary: Technicals + Fundamentals = High-confidence setup 📊
PSX:UNITYLong
by SmartMoney-AR
ABOT Weekly Technical Outlook – Long-Term Bullish Setup in PlayABOT has presented a compelling long-term bullish setup following a strong recovery and consolidation phase. Here's a technical breakdown: 🔍 Chart Overview (1W TF): Entry Trigger: Confirmed breakout above PKR 1165, reclaiming the 0.382 Fibonacci level. Stop Loss: Below key support zone near PKR 1022–1039, aligned with SMA 10 & 20. Breakout Zone: ABOT is now retesting its previous all-time high zone between PKR 1145–1172, setting up for a potential continuation. 📐 Fibonacci & ABCD Projections – Long-Term Targets: 📌 TP1 (Fib 0.5): PKR 1281 📌 TP2 (Fib 0.618): PKR 1396 📌 TP3 (Fib 0.786): PKR 1562 🎯 Extended Target (Fib 1.0): PKR 1771 These levels align with a classic AB=CD harmonic projection, signaling potential for sustained upside over the coming months. 📈 Indicators Insight: ✅ SMA 10/20 crossover bullish; price now trades well above both. ✅ RSI (14) currently at 60.45, showing healthy momentum but still below overbought levels – room to run. 📊 Volume spikes on breakout candles confirm buyer interest. 💡 Strategy Summary: 📥 Buy Zone: Above PKR 1165 🛑 Stop Loss: Below PKR 1022 🎯 Targets: PKR 1281, 1396, 1562, and 1771 This is a textbook trend continuation setup following correction and consolidation. Keep a close watch on volume follow-through and strength above the breakout zone to confirm trend expansion.
PSX:ABOTLong
by mehranali92
FFCFFC PSX STOCKs breakout Day Level Buy Call Fundamental Strengths Robust earnings growth: FY 2024 net profit ~PKR 64.7 B vs ~PKR 29.7 B (2023) – EPS nearly doubled to PKR 45.49 Pakistan Stock Exchange +15 StockAnalysis +15 . Q1 2025 EPS ~PKR 9.33 (Sep‑Nov on TTM ~PKR 66.6) Pakistan Stock Exchange . Attractive valuation: TTM P/E ~9.6× (TradingView shows ~6.6×—likely consolidated vs standalone) . High dividend yield: ~8.7–9.9% yield in 2024, with a ~60% payout ratio TradingView . Diversified portfolio: Operations across fertiliser, power, food, banking (via Askari Bank), wind generation, phosphate JV – mitigating sector risk TradingView +1 +1 Strong ownership: Backed by Fauji Foundation (~43% owner) – adds stability and governance credibility
PSX:FFCLong
by SmartMoney-AR
Technical Analysis of Flying Cement CO LTD.Bullish Case: This Stock is currently making a bullish pennant it has already retraced to a very supportive Fibonacci level from Swing High to Swing Low. Potential Levels of TP-1 to TP3 are marked Bearish Case: This Stock is has created a strong FVG in the month of May which has created liquidity around 43.5 In order to mitigate that level there is possible retracement. Possibility is low as in Month July huge selling is seen. Incase Stock Retrace to That level then DCA level is marked
PSX:FLYNGLong
by ALIDX80