Cnergyico Pk Limited
Panjang

PSX: CNERGY foundation has been laid.

306
From the start of this year the CNERGY has been struggling to sustain it journey to north and has not been successful in its attempts. In all this a triangle has been formed suggesting that it will resume its journey in whichever direction it breaks. Currently the price is breaching the upper trend line creating a bias for upward movement.
SL for the trade is 3.40 & correspondingly the TP is 5.40. Close above 5.40 shall lead to the medium term TP which is 7.48

Wishing you Profitable Trading

Penafian

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