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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免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。