LOTTE CHEMICAL PAKISTAN LTDPanjang
LOTCHEM Is Going Up; KSE100 Is Going Up; Green!!!
LOTCHEM has been trending upward along its 20-day moving average since November 18th. This demonstrates positive growth, and while the current performance is encouraging, there is potential for further gains. Notably, trading volume has been increasing, signaling growing market interest. The price crossed above the 200-day moving average just four days ago, confirming the onset of a bullish long-term trend.
In the chart presented, I am illustrating a medium-sized bullish wave, which may continue to develop over an extended period. For the time being, I am setting a target of PKR24.
Feel free to follow me for more insights if you find the content valuable. I will continue to share updates and analysis.
In the chart presented, I am illustrating a medium-sized bullish wave, which may continue to develop over an extended period. For the time being, I am setting a target of PKR24.
Feel free to follow me for more insights if you find the content valuable. I will continue to share updates and analysis.
Penafian
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