mbaberhanif

KEL Inverted Head & Shoulder Pattern

Long
mbaberhanif Updated   
PSX_DLY:KEL   K-ELECTRIC LTD
It is advisable to consider the formation of an inverted head and shoulders pattern, suggesting a potential trading opportunity. A suggested entry point would be at the right shoulder, indicated at 4.50. Following the breakout above the neckline, resistance is anticipated at 5.80, presenting a potential gain of 30% post-accumulation. It is noteworthy that a significant supply zone is identified at 6.30.

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