PSO Pak State Oil Intraday Analysis 4th Sep. 2018

Downside Prevails

Our Pivot: 351.00

Our Preference: Short Sell PSO between 345-347 with strict stop loss of 351 and profit target at 335, downward penetration of 335 will call for a dip toward 330.

Alternate Scenario: Upward penetration of 351 will call for 357 and 359.

NOTE: PSO is caged in a triangle and its trying to penetrate its supportive trend line of said triangle therefore its recommended to short sell it on spike with strict stop loss. If it would succeed in sliding below said trendline then next targets would be 335 and 330.

Hourly Chart with Supports and Resistances:

PSO 22

Overview

Quick Snapshot

Free Float

211,262,985

O/S Shares

469,473,300

Market Cap. (m)

0.00

Var Value

13.00

Hair Cut

17.50

Last Price

191.91

Price Adjusted

52 Weeks Range

52w Low

52w High

Intraday

Pivots

Level	1st	2nd	3rd
Supports	188.90	185.88	183.69
Resistances	194.11	196.30	199.32

Adjusted

Price Performance

Time Frame

Price Ch

%Ch

MTD Price Return

2.91

1.75

QTD Price Return

2.91

1.75

3M Price Return

-17.09

-9.16

6M Price Return

-18.09

-9.65

9M Price Return

-59.49

-25.99

YTD Price Return

-12.50

-6.87

1Y Price Return

-48.60

-22.29

3Y Price Return

-1.51

-0.88

5Y Price Return

-62.07

-26.81