PSO (Pakistan State Oil) – Bullish Falling Wedge Breakout
Technical Setup:
PSO has broken out of a classic Daily Falling Wedge pattern. The breakout is confirmed by expanding volume, an RSI hook above 50, and a fresh bullish MACD crossover at the zero line.
Execution Parameters:
Strategy: Buy / Accumulate
Current Market Price: 355.31 PKR
Buy Range: 345.00 to 355.00 PKR
Stop Loss: 333.00 PKR (Daily Closing Basis)
Risk Per Share: 22.31 PKR (6.28% risk)
Targets:
Target 1: 395.00 PKR | Upside: 11.17% | R:R Ratio: 1 : 1.78
Target 2: 415.00 PKR | Upside: 16.80% | R:R Ratio: 1 : 2.68
Manage your risk carefully and follow position-sizing rules.
Technical Setup:
PSO has broken out of a classic Daily Falling Wedge pattern. The breakout is confirmed by expanding volume, an RSI hook above 50, and a fresh bullish MACD crossover at the zero line.
Execution Parameters:
Strategy: Buy / Accumulate
Current Market Price: 355.31 PKR
Buy Range: 345.00 to 355.00 PKR
Stop Loss: 333.00 PKR (Daily Closing Basis)
Risk Per Share: 22.31 PKR (6.28% risk)
Targets:
Target 1: 395.00 PKR | Upside: 11.17% | R:R Ratio: 1 : 1.78
Target 2: 415.00 PKR | Upside: 16.80% | R:R Ratio: 1 : 2.68
Manage your risk carefully and follow position-sizing rules.
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免責聲明
這些資訊和出版物並非旨在提供,也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。
