SYM | Bullish Pennant Pattern

מעודכן
This chart shows a symmetrical pennant formation for Symmetry Group Ltd., indicating a potential breakout. The pattern suggests bullish momentum if the price breaks upward, with key targets set at different levels: the initial target at 10.90 PKR, a double top target at 11.85 PKR, and a pennant target at 14.45 PKR. A stop loss is defined at 8.89 PKR, mitigating downside risk if the breakout fails. This setup suggests traders are anticipating upward movement, with increasing potential as targets are met, though the stop loss limits potential losses in case of a downward move.
עסקה פעילה
Waiting for the break out!
הערה
SYM 10.19 🚀🚀🚀
הערה
Pennant pattern breakout is already confirmed on daily timeframe✅
Expecting 12.86% bullish wave in upcoming days🎯🚀
הערה
SYM 11.41 🚀🚀🚀
הערה
Previous resistance of 10.90 now acts as support in SYM. Use trailing stop loss to at 10.90 to maximize the gain. 11.80 is the bearer of double top which price breaks and sustains then more upside can be seen.
הערה
29.40% profit running 🚀🚀🚀
Chart PatternsTechnical IndicatorsTrend Analysis

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