SLGL is presently forming a flag pattern, which is expected to break out above the flag's resistance level of PKR 16.50-17. A successful breakout above this level could lead to a test of the previous top resistance at PKR 20-20.50.
If the stock breaks through this resistance with increased buying volume, the pattern's validity would be confirmed, with a potential target of PKR 27.
Disclaimer
This analysis is based on personal observation and should not be considered as investment advice. It is essential to evaluate the company's financial performance, monitor relevant news, and manage risk accordingly before making any investment decisions.
If the stock breaks through this resistance with increased buying volume, the pattern's validity would be confirmed, with a potential target of PKR 27.
Disclaimer
This analysis is based on personal observation and should not be considered as investment advice. It is essential to evaluate the company's financial performance, monitor relevant news, and manage risk accordingly before making any investment decisions.
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면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.