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UsmanFarouk

FEROZ is showing a Bullish Flag on 1D timeframe

Long
FEROZSONS LABORATORIES LTD (PSX_DLY:FEROZ)  
UsmanFarouk  
PSX_DLY:FEROZ   FEROZSONS LABORATORIES LTD
Trend Analysis Harmonic Patterns Chart Patterns
2
0
trendanalysis harmonicpatterns chartpattern
FEROZ is in uptrend as it is forming HHs and HLs on 1D timeframe. The price chart has formed shape of a Bullish Flag whereas RSI shows no divergence. As a rule of thumb, entry position has been marked on chart in BLUE on breakout of pole. Target has been placed in GREEN. SL is visible in RED. The stock looks like a good buy at trigger levels.
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