ABCD pattern appearing.HALEON Analysis
CMP 876.99 (04-09-2025)
ABCD pattern appearing.
Important to Cross 980 & Sustain this level
for the target of 1000+ & then 1400+
However, if 660 is broken this time, it may
drag the price towards 570 - 585.
HALEON trade ideas
Haleon-PSX Continuation of Bullish TrendAfter posting high of 975 in Jan 2025, the script is in corrective phase. Now, it is printing HH and HL on daily time frame. On weekly time frame, it has give breakout of bullish flag. based on the bullish flag pattern time cycle patterns, it may ascend upto 1450 within next 5-6 months.
Buy at current price
Stop loss: 755
target: 1450
Bigger PictureMacro Bull Flag Breakout with Target
And
Fibonacci Extensions
And
Volume Profile with Range Low at 710 and PoC at 820
Fibonacci Levels and a Bullish ChannelMacro Picture is a Bull Flag Breakout with Measured Price Target of 1475.
The July 2024 Bull Flag Pole reached the ATH at 2024 year end.
Price pulled back into the Fib Golden Zone in May'2025
Climbing ever since. And more so recently in a bullish Channel.
For the time being, The Fibonacci drawn from ATH to May Low reveals all the significant Levels.
Price just rejected from the 0.85 and 0.786 Sell Zone.
Let's see if the Channel Support and Fib 0.618 Confluence Zone provide a Pivot Support.
Long Term Bullish
Short Term Pullback lower Fibs supports for Buying.
Medium Term expectation is Sideways consolidation between the Fib Zones.
Lower Fib Zones for Buying, Higher Fib Zones For Selling.
PSX: Haleon - Weekly TF - Long positionContinuation pattern for Haleon
Long position.
Important note:
If the medicine prices are regulated by the government again, this could have -ve impact and hamper the continuation.
HALEON Correction or Golden Opportunity? Big Bounce Coming?HALEON Pakistan Ltd (PSX: HALEON) is currently undergoing a correction phase after a strong bullish rally. On the weekly chart, the stock is consolidating within a descending wedge pattern, typically a bullish reversal setup if broken to the upside. The price is hovering around 727, near a critical support zone (700–715), which has held well so far. If this zone continues to act as a floor, it may lead to a bounce toward upper resistance levels.
However, if this support breaks, the next major area to watch is the “Golden Pocket Zone” between 530 and 615, based on the Fibonacci retracement levels (61.8%–65%). This zone is considered a strong accumulation area and could attract long-term buyers.
To the upside, resistance levels based on Fibonacci include 770 (38.2%), 806 (50%), 841 (61.8%), and the previous high at 956. A weekly breakout above 770–800 would indicate a potential trend reversal and could open the way back to the 950+ zone and beyond. Conversely, a breakdown below 700 might trigger a deeper correction into the golden pocket zone.
Overall, HALEON remains structurally bullish in the long term while showing short-term weakness. Investors should monitor for a breakout above the falling wedge to confirm trend reversal or be prepared to accumulate near the 530–615 range if further downside occurs.
Haleon looks good to buyFresh buying is possible in Haleon, TP is 783, 812, 869 and 975.
SL is 711.
Note: This is not a buy/sell trade call.
Haleon Stock Trading Strategy:Haleon Buy Strategy:
Buy around 852-800
Stop Loss: 760
Targets:
1. 900
2. 954
Plan:
1. price when come to down then buy. don't buy on high level.
2. Buy when price reaches 852-800.
3. Set stop loss at 760.
4. Aim for targets.
Reminder:
Set position size according to risk tolerance.
Haleon is in bullish zone Haleon is in bullish zone and may cross 820 and 850 level. This is not a buy sell trade call. Use stop loss.
Good 2024 result. Price action is waiting for sentimentThe company gave good EPS for the year ended Dec 2024.
Now it is waiting for the micro economy fundamentals. A lower interest rates will lead the price to break the triangle up side. the target price is 1170
Else going more down till 580 area
Good Set up for I am not interested in Buying due to overvaluedGood setup... But i am not gonna buy it here. My buy sentiment is around its monthly support around 550
how it will happen?
let's dua for negative fundamentals which is expected soon. Let's see on 6 October.
A weekly close below the trialngle will lead to my Zone for buy.
A weekly close above the trialngle (if fundamentals are positive) will move it further bullish.
HALEON PSX - LONG (Buy) Trade Call - Daily TFTechnical Analysis:
On Daily TF, price is well above EMA 89 and just above EMA 21. It indicates bull run and ideal time for Buy entry. Parallel channel has also been drawn and price has taken a support from lower line of channel as well. It may not slip any further and may go upwards from here onwards. HOWEVER,
Klinger Oscillator, on the other hand, has dipped below Zero level and in nosedive position. Moreover, RSI indicator shows a bearish divergence formed on Wednesday (2 days ago) - indicating a likely trend reversal after which a dip in price is seen.
Scenario 1: Therefore, if price goes up beyond 615 on 28-10-2024 at 10:00 ~ 10:15 am, one may buy.
Scenario 2: On the other hand, if price goes downwards then it is likely to test Fib retracement till Fib 0.68 level. One must take entry then. Fib Extension tool defines the TPs as mentioned below:-
Buy Trade Call Scenario 1:
Entry (BUY): 615
SL: 585
TP1: 778
TP2: 834
TP3: 915
Buy Trade Call Scenario 2:
Entry: 518 with Stop Loss value at Risk of 2%.
TP1 :650.
Remaining TPs can be kept similar.
HALEON - 6Y LONG BEARISH CHANNEL BREAKOUT, TARGETING 529/HALEON has successfully broken out of a 6-year long bearish channel, now targeting 529.
The stock is likely to maintain its upward momentum, aiming to test the 2018 high of 529 in the near term. This strong breakout marks the end of a prolonged bearish trend that began in April 2018, indicating a potential shift in market sentiment.
Disclaimer: High-risk and low liquidity trades carry significant risks, including potential substantial losses. These calls are for experienced investors. Conduct your own research or consult a financial advisor before trading. Past performance is not indicative of future results. Trade within your financial capacity.
