ATBA TREND REVERSES.

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ATBA TREND REVERSES.Atlas Battery LimitedPSX_DLY:ATBAusufgulAfter a long spell of correction the Atlas Battery is showing the signs of recovery. After showing a small Divergence in November it started trading in an upper price channel of Rs, 230-260. Now RSI has shown significant improvement therefore, it has the higher probability of testing next higher high of Rs. 289.89 and sustainance above shall lead the price to Rs. 319. Wheras sugested entry price and stop loss level suggest the trade has the upside potential of 1:2 or 18%. Due deligence is solicited.