PPL🚀 Stock Alert: PPL
📈 Investment View: Technically Bullish 📈
🔍 Quick Info:
📈 Entry Range: 115 - 116
🎯 Targets : 127
⚠ Stop Loss: 107
⏳ Nature of Trade: Short Term (Scalping)
📉 Risk Level: Medium
☪ Shariah Compliant: YES
💰 Dividend Paying: YES
📰 Technical View: An apparent deviation from the upward trend line is noticeable on the chart. Additionally, the formation of a head and shoulders pattern may occur if the price reaches 127 and displays a rejection at that level. A potential trading opportunity arises within the range of 115-116, aiming for a target of 127 corresponding to the right shoulder of the pattern. To manage risk, it is recommended to set a stop loss just below the neckline break, approximately around 107.