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✴️ Tariq Glass Entering New Long-Term Bull-Market

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PSX_DLY:TGL   TARIQ GLASS INDUSTRIES LTD
Tariq Glass is currently maintaining its support level at 98 for the past week, representing a 38.2% Fibonacci retracement from the 106 level. Additionally, the stock has reached the breakout level of a descending trend line, signaling a robust bullish breakout. Furthermore, it has surged above the EMA50 indicator in the ongoing session. Consideration of long positions is advisable within the range of 100-98. Following the breakout from the trend line, the initial target is positioned at 104, with a secondary target at 106. Conversely, in the event of a downside breakout, employing a stop-loss strategy at 95 is recommended to mitigate risk exposure.
Komen:
First target achieved
Dagangan ditutup: sasaran tercapai
Penafian

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