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ENGRO - PSX - Technical Analysis - AB=CD
ENGRO is a sharp bull run.
It has broken previous All Time High and still going up.
KVO is suggesting a strong bull run, but RSI is about at 80 level.
Price may take a dip but then will go up again to test the TP defined by using AB=CD pattern.
TP-2 has been calculated using Fib Ext tool.
Trade Values
Entry (Mkt): 407.54
TP-1: 453
TP-2: 506
Stop Loss: 358
It has broken previous All Time High and still going up.
KVO is suggesting a strong bull run, but RSI is about at 80 level.
Price may take a dip but then will go up again to test the TP defined by using AB=CD pattern.
TP-2 has been calculated using Fib Ext tool.
Trade Values
Entry (Mkt): 407.54
TP-1: 453
TP-2: 506
Stop Loss: 358
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