MLCF – Healthy Retracement Within a Bullish TrendMaple Leaf Cement Factory LtdPSX_DLY:MLCFAlphaEdge_TradingMLCF Technical Analysis – Healthy Retracement Within a Bullish Trend Disclaimer: This analysis is for educational purposes only and should not be considered financial advice. Always follow proper risk management before entering any trade. MLCF is currently undergoing a healthy retracement after a strong bullish rally. The overall market structure remains bullish, and the current pullback appears to be a normal correction before the next potential upward move. Rather than chasing the price, waiting for the stock to enter the proposed accumulation zone offers a more favorable risk-to-reward opportunity. Entry Zone (EP): 92.50 – 89.50 • This retracement zone provides an attractive opportunity to accumulate positions. • Consider scaling into the trade within this range instead of deploying full capital at once. • Watch for bullish price action or increased buying volume for additional confirmation. Stop Loss (SL): 78.50 • Place the stop loss below the recent swing low to protect against a breakdown of the current bullish structure. Targets: • TP1: 101 • TP2: 110 • TP3: 132 *(Ultimate Target)* Estimated Risk & Reward Using an average entry of 91.00: • Approximate Risk to SL: 13.74% • Potential Gain to TP1: 10.99% • Potential Gain to TP2: 20.88% • Potential Gain to TP3: 45.05% Trading Plan • Wait patiently for price to trade within the 92.50–89.50 accumulation zone. • Build the position gradually rather than entering with full size immediately. • Maintain disciplined risk management with a stop loss at 78.50. • Consider booking partial profits at TP1 and TP2, while allowing the remaining position to run toward the ultimate target of 132 with a trailing stop loss. Strong trends often provide multiple buying opportunities through healthy pullbacks. Patience and disciplined execution can significantly improve long-term trading performance.