MEBL (PSX) - AB=CD

Meezan Bank (MEBL) is forming an AB=CD harmonics pattern. With the current bullish trend of KSE100 it is quite possible that if MEBL successfully breaks the neckline it can make new highs around 160. It is important to note that it has retraced from FIb 0.45 levels
Chart PatternsHarmonic PatternsTrend Analysis

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