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OGDC | End of Rising Wedge Pattern?

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OIL & GAS DEVELOPMENT CO LTD (PSX_DLY:OGDC)  
mbaberhanif Atualizado   
PSX_DLY:OGDC   OIL & GAS DEVELOPMENT CO LTD
Trend Analysis Chart Patterns Technical Indicators
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trendanalysis chartpattern indicator
Rising Wedge pattern considered as bearish pattern, which is observed in OGDC technical chart. At present this bearish momentum weakening as the price is facing support zone around 118-119. If the selling pressure resumes and the buyer gets active then a possible pull back is expected towards the resistance level of 132.
Trade ativo:
What a recovery
Trade fechado: objetivo atingido
Aviso legal

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