Netsol Technologies (NETSOL) could break either way

Netsol Technologies (NETSOL) technical analysis.

Descending trendline resistance & horizontal resistance (154 to 156).

Support at 150.26, major support at 138-140.
If it gives us Breakout above 156 then we can expect bullish move towards 164-168+
If it gives us breakdown below 150 then Possible drop to 138-140
RSI looks near neutral, needs confirmation.

Watch volume for strength in breakout/breakdown!

Ahsan Tofique

Ahsan Tofique is a PSX Trader & Technical Analyst who loves to analyze charts and find trading opportunities.

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