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IGIHL: FALLING WEDGE BREAKOUT ON MONTHLY

Long
IGI HOLDINGS LTD (PSX:IGIHL)  
asifsvy  
PSX:IGIHL   IGI HOLDINGS LTD
Trend Analysis Chart Patterns Contains image
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Since start of 2017 stock was in downtrend and continuously trading in a Falling Wedge Formation.
Now, break above the the resistance and close above its monthly 50EMA. Initial support is around 127-125
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