mbaberhanif

✳️ SYS | Flag Pattern Formation

Long
PSX_DLY:SYS   SYSTEMS LTD
🚀 Stock Alert: SYS

📈 Investment View: Technically Bullish 📈

🔍 Quick Info:
📈 Entry Level: 410
🎯 First Targets : 436
🎯 Second Targets : 449
⚠ Stop Loss: 400
⏳ Nature of Trade: Short Term (Scalping)
📉 Risk Level: Medium
☪ Shariah Compliant: YES
💰 Dividend Paying: NO

📰 Technical View: The current price action is indicative of the formation of a flag pattern, suggesting a potential breakout towards the resistance level of 436. This level is deemed as the initial target. Further breakthrough and sustained movement may propel the price towards a second target approximately at 449. Conversely, in the event of a downside breakout, employing a stop-loss strategy at 400 is recommended to mitigate risk exposure.
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