Bullish Divergence
Bullish Divergence is appearing on bigger tf.
Crossing & Sustaining 9 may lead it towards
14 - 15.
ASC trade ideas
ASC seems good in a bulish flag pattern it will hits the target it is not buy sell call its idea i m looking its will achieve its target in coming days.
ASC Bullish Setup | Potential Long OpportunityASC is currently trading above the 50-day Exponential Moving Average (EMA) on the daily chart, indicating the potential for a bullish move in the near term. However, the price remains below the 200-day EMA, which suggests a prevailing bearish sentiment. Should the price approach and test the 200-day EMA, it is likely to encounter resistance.
A long position may be considered upon a retest of the price at PkR 6.50, with an anticipated target of PkR 10.50 over the next few months. To manage risk effectively, a stop loss should be placed at PkR 5.
This setup is intended as a swing trade and may require some time for confirmation. Please conduct your own analysis before making any trading decisions. If you find this idea helpful, kindly give it a thumbs up. Thank you!
ASCWe can attempt to buy ASC from specified level as trendline support intact , also there is no bearish divergence.
SL , TP mention in chart.
ASC - PSX Bullish ContinuationASC had been in a bullish trend. It took a healthy correction till 0.78 Fib level where a bullish divergence on RSI was also made. It indicates a possible bullish continuation where it can break its previous high as well
