UBL - POTENTIAL POSITIONAL OPPURTUNITY

27 Oca 2022

UBL is on a multiple time tested support and is also getting several bounces from the 200 ma cluster.
A great swing opportunity can be captured for 15%-20% gains

On daily tf 1485 - 1500 is a well maintained support and the stock has managed to close above that for several times.
200 MA last resort to bulls and shows a good bounce.
Sitting on the BOS & Flip Zone

Support buy (Small sl risky trade/ better reward) - 1500
Breakout buy - 1570
Targets mentioned in the chart above

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Any comments and critiques will be appreciated even if it's of opposite view as a trader can also be right so many times.

28 Oca 2022

İşlem kapandı: hedefe ulaştı

Partial booking target hit. 6% gains.
Godspeed