SWING IDEA - PANAMAPET

١٨ يونيو ٢٠٢٤

Stock is currently at its 52W high and also breakout zone.
MACD is indicating a good momentum in the upward direction.
Also Monthly MACD has made a crossover, which could possibly take the stock to new highs in the coming weeks/months.
406 has formed as a Key Support for this Trade be to be valid.
Weekly closings above this Support level will surely take the stock to newer highs.

٢١ يونيو ٢٠٢٤

تم فتح الصفقة

٢٨ يونيو ٢٠٢٤

ملاحظة

Stock is getting resisted from the 406 levels. Lets wait a few more days/week to get a better understanding of the momentum.

٢ يوليو ٢٠٢٤

تم فتح الصفقة

At our Entry Zone again.

٦ يوليو ٢٠٢٤

ملاحظة

Positive News:
CARE Ratings affirmed its A+ rating on Panama Petrochem's long-term bank financing and A1+ rating on its short-term bank financing.

٩ يوليو ٢٠٢٤

ملاحظة

Stock has started making new All Time High today.

١٧ يوليو ٢٠٢٤

ملاحظة

Looks like 406 is turning out to become a Resistance Zone instead of Support. We must wait and see a few more days to get better clarity on movement.

٢٤ يوليو ٢٠٢٤

ملاحظة

Finally we are going to up?? Made a new All Time High today.

٢٧ يوليو ٢٠٢٤

ملاحظة

Achieved Max Profits of 10% so far. Keep Holding.