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FATIMA Energy Regained. Another Rally.

PSX_DLY:FATIMA   FATIMA FERTILIZER COMPANY LTD
FATIMA is a fertilizer compony. From September 2023 it has been gaining the grounds and steadily moving upward. It touched the high of 33.70 in mid October.
Than started the process of retracement to the 0.38 level. In last two weeks it has shown considerable momentum. In current week volume has been very high which is another positive sign.
Icing on the cake is crossover of RSI to its moving average.
Aggressive buyers may buy at current level and cautious one may wait for the break of recent high i.e. above 33.70

Have a profitable trading.

Penafian

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