KOHE PROBABLY IN WAVE ' 5 ' or ' C ' - LONGKohinoor Energy LimitedPSX_DLY:KOHEKayJayThis is in continuation to our ongoing tracking of KOHE wave structure Our preferred wave count suggests that we are in wave 5 which will take price toward 25 - 26 level and above. Alternate wave count suggests that wave 5 has been completed and price will go down towards 19 - 17 Now KOHE has board meeting tomorrow at 2:30 PM, if the company decides to give a dividend we might see a short bullish rally as wave 5, on the other hand if dividend is announced as nil then you'll see a bearish rally as wave 2 or B. We will only enter this trade if price break above 23.49 level. Most probably either our trade will not get active and incase it does there's a strong possibility that we will reach our target Trade Setup: Entry: 23.50 Stop loss: We will hold KOHE shares Target: T1: 25 T2: 26 Let see how this plays, Good Luck! Disclaimer: The information presented in this wave analysis is intended solely for educational and informational purposes. It does not constitute financial or trading advice, nor should it be interpreted as a recommendation to buy or sell any securities.