"TRG" TRG Pakistan Mid Term Analysis 24 Feb 2013
"TRG" TRG Pakistan further upside Our Prefrence: As long as 7.10 is sustained as support buy with Target at 8.80 and 9.44 Alternative Scenario: Downward breakage of 7.10 will call for 6.49 and 5.68 Note: TRG have got reversal from its 38% correction level last week and have re-continued its bullish trend, right now its getting support by its 4 days and 9 days moving averages, but still is stuck between its bearish 61% correction level at 8.51. Closing above 8.51 can push TRG upwards. As long as 7.10 is support it can touch 9.44 as its weekly formation is supporting its bullish behaviour. if it will not become able to closed above 8.51 then it can crash back to retest its channel at 7.10 but on weekly and monthly its still in overbought region so it have a caution and can be dangerous after breaking 7.10 as it will get next supports at 6.49 and 5.68.RESPONSIVE 12 CSS 3 HTML 1 JAVASCRIPT 28 DESIGN 6 DEVELOPMENT 3
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