Technical Analysis on Netsol Technologies Limited
As discussed in last week’s episode “ THE KSE100 INDEX SHOW” , the stock has provided a bullish signal from the bottom, and we did see some rapid upward move from that level, and the stock has climbed above 191 just a few minutes earlier.
As we can see in the latest chart,
The stock has taken support from the long-term support zone. BULLISH
The stock has breached its resistance from the recent high. BULLISH
The stock has provided bullish divergence from the level. BULLISH
Stock is trading above the key pivotal levels and momentum threshold levels. BULLISH
Further accumulate on the dip.
Stay long with stop loss below 147~149
Good luck and Happy Trading!