I last mentioned in my previous FCEPL technical analysis post that FCEPL had entered a region of historic resistance.
As things turned out, it got rejected from those resistance levels as shown below.
Since that rejection, the stock has taken support at the Rs. 63.4 level, which falls in a support zone that has been respected 12 times in the last 3 years!
Clearly this is an important level and the fact that the stock has respected it and bounced off it shows it is a good accumulation point for those who want to add to your position.
AGP Limited (AGP) monthly market structure is showing strong bullish trend. Even this stock broke…
When a dividend is paid, the share price drops by approximately the same amount because…
On November 5, 2024, Mughal Iron & Steel Industries Limited (MUGHAL) announced a unique rights…
How to analyze pharma sector companies in PSX. Pakistan's pharma sector is considered a complicated…
Shifa International (SHFA) has already rallied 150%, but there is still more upside to the…
Habib Metropolitan Bank Limited (HMB) recently released its second-quarter results for 2024, revealing a mixed…
View Comments
Don't like it because no dividend