• Home
  • FCEPL price enters into historic region of resistance

FCEPL price enters into historic region of resistance

FCEPL Dec 2023 technical analysis
Posted by: Knight Trader 1 Post Date: December 8, 2023

FCEPL price enters into historic region of resistance

FCEPL touches a level that has acted as a resistance historically. The current level was a resistance level from mid-2019 to mid-2021. Since then, it has broken this region once to the upside and once to the downside. It is now trading inside these levels again.

The RSI is currently in oversold territory.

FCEPL chart

Share this post

Author

Comments (2)

  • FCEPL honours previous support levels - KSEStocks Reply

    […] last mentioned in my previous FCEPL technical analysis post that FCEPL had entered a region of historic […]

    April 21, 2024 at 9:06 pm
  • Kamran Reply

    It will breakout this time.

    December 9, 2023 at 8:13 pm

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts

GTYR technical analysis 24 may 2024
27May

GTYR up 50% in three months, is there more upside?

we will delve into the technical analysis of Ghandhara Tyre & Rubber Company Limited (GTYR), a prominent company listed on... read more
SEARL technical analysis 8 april 2024
08Apr

Why Rs. 64.22 resistance level is important for SEARL

The pharma sector has been enjoying a rally for two days now and SEARL has had two consecutive green days. read more
ENGRO TA
10Dec

ENGRO and the Rs. 322 resistance meet again!

ENGRO Corporation (ENGRO) is inching up closer to the Rs. 322 mark which has acted as historic resistance on the... read more
ISL technical analysis 25 April
25Apr

ISL in Range bound situation, but good for swing

International Steels Limited (ISL), it is the one of June closing year end companies. It is currently in a range... read more
FFBL technical analysis 24 April
24Apr

FFBL bullish momentum on higher timeframes

Firstly, I am going to show you the broader perspective of FFBL. So we start with monthly time frame. read more
SNGP - technical analysis 30 April
30Apr

SNGP setting up to continue bullish momentum

Sui Northern Gas Pipelines Limited (SNGP), In monthly time frame, after 1979 days this stock starts to change their market... read more
TPLP technical analysis march
28Mar

TPLP poised for reversal on high volume

It witnessed the trading of 14.8 million shares, helping it into the top 5 most traded stocks of the day. Taking... read more
TGL
24Jun

TGL bossing the glass sector

Tariq Glass Industries Limited (TGL) is eagerly trying to break the 120 area of monthly resistance. See it’s just created... read more
PIOC - TECHNICAL ANALYSIS 14 aUG 2024
15Aug

Keep an eye on PIOC

Pioneer Cement Limited (PIOC) look at this monthly time frame, it is one of those stock who breaks their previous... read more
ATRL technical analysis march
28Mar

ATRL Double Top – Rally may be over

ATRL has formed a double top on the daily chart and after twice getting rejected, it seems its rally is... read more