MARI - PSX - Trading in Sideways Trend for 20% gain

1月21日

MARI is moving between 660 to 740 over the past one month or so.
KVO is dipping which suggests a further dip in price. RSI is also dipping much below Zero level.
Therefore, I'm eager to see it test 610 level once more. However, this is No 1 Stock of PSX and may attract Buyers at any time. Therefore, I'll buy in steps to make sure I have the stocks at lower rates.
Trade Values
Buy-1: 660
Buy-2: 640
Buy-3: 620
Buy-4: 610
TP-1: 708
TP-2: 720
TP-3: 735
SL: 600
Buy-5: 760 (Once price moves above this parallel channel sufficiently)
SL-5: 745

1月23日

交易進行

Due to FALSE news fire breakout at MARI Dharki plant, the share price has dropped significantly.
This was a NEWS event which cannot be predicted through technical analysis. Therefore, once this clarification is circulated to all brokers and individuals then confidence will be restored, and we should see a good buying in afternoon and tomorrow session.