usufgul

PSX: OGDC READY TO RISE, EVEN HIGHER.

PSX_DLY:OGDC   OIL & GAS DEVELOPMENT CO LTD
OGDC had its recent high at the start of August which is around Rs111. Afterwards it went into consolidation. on 18th October it had a low of around 93 reminding me the Wyckoff.
The volumes have been picking up since the start of October and on Friday it staged a breakout which, in my opinion, shall continue, as the RSI is also displaying a bullish momentum.
So if the upside targets have been identified along with the Stop Loss.

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