PIAA Pakistan International Airlines Analysis 02 Sep 2013
Rebound Insight
Our Pivot:4.18
Our Preference:BUY PIAA between 5.09 to 5.51 with a strict stop loss 4.18 and profit target at 8.17
Alternative Scenario: Downward Penetration of 4.18 will call for 3.30
NOTE: PIAA is going to get strong support from its 100 and 280 weeks moving averages at 5.09 and 4.85 so its recommended to start buying in PIAA above these levels. Weekly Stochastic are also supporting rebound in PIAA.
Recommendations:
For New Entries (Buy between 5.09-5.51)
Weekly Chart with Supports and Resistance:
3 COMMENTS
John Doe
June 29, 2014 - 11:23 Proin eget tortor risus. Cras ultricies ligula sed magna dictum porta. Pellentesque in ipsum id orci porta dapibus. Lorem ipsum dolor sit amet, consectetur adipiscing elit.Diana Doe
June 29, 2014 - 11:23 Proin eget tortor risus. Cras ultricies ligula sed magna dictum porta. Pellentesque in ipsum id orci porta dapibus. Lorem ipsum dolor sit amet, consectetur adipiscing elit.Melissa Doe
June 29, 2014 - 11:23 Proin eget tortor risus. Cras ultricies ligula sed magna dictum porta. Pellentesque in ipsum id orci porta dapibus. Lorem ipsum dolor sit amet, consectetur adipiscing elit.Peter Doe
June 29, 2014 - 11:23 Proin eget tortor risus. Cras ultricies ligula sed magna dictum porta. Pellentesque in ipsum id orci porta dapibus. Lorem ipsum dolor sit amet, consectetur adipiscing elit.LEAVE A COMMENT