Pakistan State Oil (PSO), Pakistan Stock Exchange (PSX) DAILY

by | Oct 19, 2019 | PSO | 0 comments

This Chart and commentary was made on: 19-Dec-2017

For the benefit of: Day traders / Swing Traders / Short term Investors

Market Trend Daily: BULLISH

Market Trend Weekly: BEARISH

Market Trend Monthly: BEARISH

Commentary for the period: 19-Dec-2017 to 19-Mar-2018

How to Use instruction: Send on registered email to members

Price on 19-Dec-2017: 262.7

Mathematical Price  Resistance/Support Points: 292.79, 322.79 (Market reached 321.80, 322.53, 323.28 three times during 19-Dec-2017 to 19-Mar-2018 and after meeting resistance it started to make a downward move)

Important Dates: 11-Jan-2018, 2-Feb-2018, 19-Mar-2018 (First Time Market reached 321.80 it was on 11-Jan-2018 a reversal point, Third time market reached 323.28 it was 2-Feb-2018 and trend was reversed for a short term.

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