PSO The Quiet Engine of Wealth

PSO Technical Analysis
Posted by: Hafsa Talpur 0

PSO The Quiet Engine of Wealth

Pakistan State Oil (PSO) is facing consolidation in higher time frame. But price is not breaking the higher high market structure.

On the daily time frame, PSO is just retesting its previous zone, which is a good sign for a potential new bullish move.

The 400–375 zone looks like a good area to accumulate

For short-term investors, the profit-taking area is between 430, 460, and 490.

For long-term investors, the target is between 550 and 570

If the price closes below 359 on the daily time frame, the bullish trend could be disrupted.

Ultimate target 600

 

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via JS Global Capital Ltd — regulated brokerage

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⚠️ This post reflects the author’s personal opinion and is for informational purposes only. It does not constitute financial advice. Investing involves risk and should be done independently. Read full disclaimer →

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