PIOC - PSX - Technical Analysis

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PIOC - PSX - Technical AnalysisPioneer Cement LimitedPSX_DLY:PIOCGolden_SpurPIOC on monthly TF, after making a Cup & Handle pattern has started its bull run in June 2023 which is still going strong. RSI is almost in the same region since Nov 2023 and therefore it points to somewhat constant and upward buying sentiments in this SCRIPT. Also on monthly TF there is a hidden bullish divergence, which may cause a sudden pumping up of the price. As per AB=CD pattern TP can be 364 and as per Cup&Handle pattern, TP can be 404 which is even higher. Trade values: Buy-1 : 291 (CMP) SL: 260 TP1: 364 TP2: 404