{"id":5446,"date":"2024-05-28T15:29:53","date_gmt":"2024-05-28T10:29:53","guid":{"rendered":"https:\/\/ksestocks.com\/blog\/?p=5446"},"modified":"2024-05-28T19:02:06","modified_gmt":"2024-05-28T14:02:06","slug":"ogdc-best-choice-for-swing-traders","status":"publish","type":"post","link":"https:\/\/ksestocks.com\/blog\/ogdc-best-choice-for-swing-traders\/","title":{"rendered":"OGDC Best choice for Swing Traders"},"content":{"rendered":"\n

OGDC<\/strong> (Oil and Gas Development Company)<\/a> in monthly time frame it took approximately a year<\/strong> to break the monthly consolidation<\/strong> area.<\/p>\n\n\n

\n
\"\"<\/figure>\n<\/div>\n\n\n

See the weekly<\/strong> time frame market structure is in higher high<\/strong> and higher low<\/strong> formation.<\/p>\n\n\n\n

Remember past, once <\/strong>it broke the consolidation<\/strong> area. It gives good<\/strong> rally of upside<\/strong>.<\/p>\n\n\n\n

From 142<\/strong> till 131<\/strong> Ogdc is stuck<\/strong> in the range.<\/p>\n\n\n\n

But every dip<\/strong> is a buying<\/strong> opportunity.<\/p>\n\n\n

\n
\"\"<\/figure>\n<\/div>\n\n\n

In daily<\/strong> time frame, if it close below<\/strong> the 115 <\/strong>area then the trend would be change<\/strong>. <\/p>\n\n\n\n

Otherwise the more <\/strong>the stock take time to breakout , the greater<\/strong> breakout happens.<\/p>\n\n\n\n

You could accumulate<\/strong> in this range. From 137~ 132<\/strong><\/p>\n\n\n\n

Sell <\/strong>half and hold<\/strong> half would be good <\/strong>approach in between 150 to 155<\/strong> area.<\/p>\n\n\n\n

Even it can easily<\/strong> go to 170 <\/strong>area if it closes<\/strong> above 158<\/strong>.<\/p>\n\n\n

\n
\"\"<\/figure>\n<\/div>\n\n\n

In addition<\/strong>, it is june closing<\/strong> year end <\/strong>company. <\/p>\n\n\n\n

Disclaimer<\/strong>
Always take trade with your own risk appetite.
Before taking any trade do your own research first.
Financial markets are very risky, you need to learn to earn.<\/p>\n\n\n\n

For more queries<\/strong> you can contact me on instagram page Simplemarket11<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

OGDC (Oil and Gas Development Company) in monthly time frame it took approximately a year to break the monthly consolidation area.<\/p>\n","protected":false},"author":13,"featured_media":5455,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[127],"tags":[67],"class_list":["post-5446","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technical-analysis","tag-ogdc"],"featured_image_src":{"landsacpe":["https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2024\/05\/OGDC-technical-analysis-27-May-1140x445.png",1140,445,true],"list":["https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2024\/05\/OGDC-technical-analysis-27-May-463x348.png",463,348,true],"medium":["https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2024\/05\/OGDC-technical-analysis-27-May-300x188.png",300,188,true],"full":["https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2024\/05\/OGDC-technical-analysis-27-May.png",1920,1200,false]},"_links":{"self":[{"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/posts\/5446","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/comments?post=5446"}],"version-history":[{"count":0,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/posts\/5446\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/media\/5455"}],"wp:attachment":[{"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/media?parent=5446"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/categories?post=5446"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/tags?post=5446"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}