MARI PROBABLY IN WAVE '' C ''

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MARI PROBABLY IN WAVE '' C ''Mari Energies LimitedPSX_DLY:MARIKayJayThis is in continuation to our ongoing tracking of MARI. Our preferred wave count suggests that we are in wave C of an ABC wave correction upward which will target 720 - 740 level. Alternately, we can be in wave A of (C) which will take price downward below 540 levels directly or by reversing from the 700-710 levels. Note: Since we are long term bullish on MARI, we do not use stop loss on long trades. Trade setup: Entry price: anything below 690 Targets: T1: 700 - 710 T2: 730 - 740 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.