CNERGYICO PK LIMITED
Viés de alta

PSX- CNERGY : Breakout or Rejection? Trading Strategy

114
significant increase in volume is observed indicates accumulation by institutions or major market participants.
While Net volume remains negative (-8.06M), suggesting some selling pressure at higher levels.

Trading Strategy:
Short-Term Strategy
Buy on pullback when price retraces to 7.0 - 7.2 PKR, its a better risk-reward entry for Profit target: 8.7 - 9.0 PKR
Keeps Eyes on bearish divergence in volume —if price rises but volume declines, a correction may follow.

Aviso legal

As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.