Waves - Bull FlagPSX:WAVES forming Double Bottom on Daily TF and breaking out of Bull Flag accumulation. AL and Targets mentioned.
4.02 PKR
1.05 B PKR
3.94 B PKR
About WAVES CORPORATION LTD
Sector
Industry
CEO
Haroon Ahmad Khan
Website
Headquarters
Lahore
Founded
1877
ISIN
PK0030801010
FIGI
BBG000BKCW71
Waves Corp. Ltd. engages in the business of manufacturing and assembling domestic consumer appliances; and retailing and trading light engineering products. Its products include deep freezers, refrigerators, washing machines, water heaters, air conditioners, and microwave ovens. The company was founded in 1877 and is headquartered in Lahore, Pakistan.
Bullish Divergence on bigger time frames.
Bullish Divergence on bigger time frames.
Currently in a Consolidation box.
Those who cant wait for long, should wait
for the breakout around 9.
Upside targets can be around 11 - 11.50
initially.
Strong Support seems to be around 6.
On the flip side, if this Support is broken,
the next levels woul
Waves Corporation-BuyWaves corporation is making HH and HL. recently it retraces up to 61.8% of fib level, respect ascending trend line, made very bullish candle pattern and also formed Hidden divergence which is indication of continuation of current bullish trend.
with 1:1 risk reward ratio, buy call can be taken
WAVESBuy WAVES and thanks me later.
waves is in accumulation phase and formed strong bullish divergence on weekly time frame.
If the accumulation box breaks to the upside we will witness the massive bulls rally towards 20+ level.
Bullish Divergence on Monthly TF.Bullish Divergence on Monthly TF.
Double Bottom Formation around 5.90
It may touch 13 - 13.50 if 9.85 is Sustained.
Immediate Resistance is around 8.50 and then
9.85 - 10.40 range.
Players may enter in this stock with a
Stoploss of 5.89 on closing basis targeting 13;
BUT TRAILING STOPLOSS SHOULD BE
Last Analysis were shared on 23-08-2024.Last Analysis were shared on 23-08-2024.
Alhamdulillah it went well. Could not
cross 10.50 resistance.
Now it seems to be near its Support level
of around 5.80 - 5.90; with Strong Bullish
Divergence on Monthly Basis.
Entry can be taken with a Stoploss just below
5.50
However, more safe entry wou
PSX : WAVES WAVES is in downtrend since july 2021
As the market is consistently printing new LHs and LLs.
Currently the market has formed a double bottom on weekly with div and broke the last LH ,
seems like after forming a new HL bulls are getting ready for some upside movement.
initial buy 7.12
2nd buy
WAVES Analysis 2.0 (Long).🚀 Trade Alert: WAVES ABCD & Double Bottom Pattern 🚀
We have identified a compelling trading opportunity in WAVES, showcasing a confluence of bullish patterns:
ABCD Pattern 📈
Double Bottom Pattern ⏬⏫
Entry Point:
Our entry was marked at the Higher High (HH), with the neckline breaking at 8.44.
Cur
WAVESWe can attempt to buy WAVES from specified level as 0.618 FIB also intact.
SL , TP mention in chart.
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The current price of WAVES is 7.50 PKR — it has decreased by −3.72% in the past 24 hours. Watch WAVES CORPORATION LTD stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on PSX exchange WAVES CORPORATION LTD stocks are traded under the ticker WAVES.
WAVES stock has fallen by −5.54% compared to the previous week, the month change is a −1.57% fall, over the last year WAVES CORPORATION LTD has showed a −7.98% decrease.
WAVES reached its all-time high on May 26, 2017 with the price of 54.47 PKR, and its all-time low was 5.90 PKR and was reached on Aug 31, 2023. View more price dynamics on WAVES chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
WAVES stock is 4.85% volatile and has beta coefficient of 1.01. Track WAVES CORPORATION LTD stock price on the chart and check out the list of the most volatile stocks — is WAVES CORPORATION LTD there?
Today WAVES CORPORATION LTD has the market capitalization of 2.19 B, it has increased by 7.23% over the last week.
Yes, you can track WAVES CORPORATION LTD financials in yearly and quarterly reports right on TradingView.
WAVES net income for the last quarter is 108.64 M PKR, while the quarter before that showed 792.43 M PKR of net income which accounts for −86.29% change. Track more WAVES CORPORATION LTD financial stats to get the full picture.
WAVES CORPORATION LTD dividend yield was 0.00% in 2024, and payout ratio reached 0.00%. The year before the numbers were 0.00% and 0.00% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
As of May 14, 2025, the company has 822 employees. See our rating of the largest employees — is WAVES CORPORATION LTD on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. WAVES CORPORATION LTD EBITDA is 643.74 M PKR, and current EBITDA margin is 10.94%. See more stats in WAVES CORPORATION LTD financial statements.
Like other stocks, WAVES shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade WAVES CORPORATION LTD stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So WAVES CORPORATION LTD technincal analysis shows the sell today, and its 1 week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating WAVES CORPORATION LTD stock shows the sell signal. See more of WAVES CORPORATION LTD technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.