UBL made its double top , bearish move is expected in coming days, short entry recommended in UBL
Ubl on monthly chart is in a tight bull breakout no pull backs on weekly it is on the top of a trading range and on daily also on the top of a trading range and range is almost after 20 bars before the range market was on a tight bull chanbel expecting a move up.
🚀 Stock Alert: UBL 📈 Investment View: Technically Bullish 📈 🔍 Quick Info: 📈 Entry Range: 184 🎯 First Targets : 190 🎯 Second Targets : 200 ⚠ Stop Loss: 175 ⏳ Nature of Trade: Short Term (Scalping) 📉 Risk Level: Medium ☪ Shariah Compliant: NO 💰 Dividend Paying: YES 📰 Technical View: Establishing bullish momentum, if it break and sustain resistance level of 190...
After the break of bullish flag pattern, UBL is testing its resistance level of 149. Next resistance is at 154.50 with the stop loss level below 142.