Title
by Americanbulls.com LLC
Last Update
16/04/2021
PTC
PAKISTAN TELECOMMUNICATION COMP
Last Signal: STAY LONG
Last Pattern: BEARISH BELT HOLD
Last Close:
9.9400
Change:
+0.0500
Percent change
+0.51%
Signal Update
Our system’s recommendation today is to STAY LONG. The previous BUY signal was issued on 08/04/2021, 8 days ago, when the stock price was 9.4500. Since then PTC has risen by +5.19%.
Market Outlook
The market is uncertain with a negative tilt. The traders seem to be in disagreement. The negative sentiment, however, is increasing as evident from the last bearish pattern. So, it is better to be on alert. more...


Candlestick Pattern Chart
The chart showing Series 1 series.
Pattern Description
Bearish Belt Hold is a single candlestick pattern, basically, a Black Opening Marubozu that occurs in an uptrend. It opens on the high of the day, and then prices begin to fall during the day against the overall trend of the market, which eventually stops with a close near the low, leaving a small shadow at the bottom of the candle. If longer bodies characterize the Belt Hold, then the resistance they offer against the trend will be even much stronger. more...
Signal History
Date 
Price 
Signal 
 
PKR100⇨ 
08/04/20219.4500BUY 102.88
31/03/20219.5200SELL 103.61
24/03/20218.7300BUY 95.68
18/03/20218.4800SHORT 99.98
16/03/20218.2800BUY 99.00
26/02/20219.0100SHORT 92.88
24/02/20219.1000BUY 95.13
15/01/20219.7500SELL 95.80
06/01/20219.5500BUY 94.50
30/12/20209.1900SELL 95.17
24/12/20208.9900BUY 93.76
18/12/20208.9800SELL 94.42
14/12/20209.0850BUY 96.20
03/12/20209.0400SELL 96.88
26/11/20208.9300BUY 96.38
10/11/20209.2100SHORT 94.86
05/11/20209.3400BUY 97.56
28/10/20209.6000SHORT 96.33
21/10/20209.5250BUY 96.93
16/10/20209.4300SHORT 99.30
† Trade commissions are taken as 0.70%.
Date 
Price 
Signal 
 
PKR100⇨ 
08/04/20219.4500BUY 133.25
31/03/20219.5200SELL 134.19
24/03/20218.7300BUY 123.92
18/03/20218.4800SHORT 129.49
16/03/20218.2800BUY 128.22
26/02/20219.0100SHORT 120.29
24/02/20219.1000BUY 123.21
15/01/20219.7500SELL 124.08
06/01/20219.5500BUY 122.39
30/12/20209.1900SELL 123.25
24/12/20208.9900BUY 121.42
18/12/20208.9800SELL 122.28
14/12/20209.0850BUY 124.58
03/12/20209.0400SELL 125.46
26/11/20208.9300BUY 124.81
10/11/20209.2100SHORT 122.84
05/11/20209.3400BUY 126.34
28/10/20209.6000SHORT 124.75
21/10/20209.5250BUY 125.53
16/10/20209.4300SHORT 128.60
07/10/20209.8150BUY 135.74
25/09/202011.6900SELL 136.70
28/08/20209.3850BUY 110.52
26/08/20209.2000SELL 111.30
19/08/20209.1400BUY 111.35
10/08/20209.0000SELL 112.13
06/08/20208.7500BUY 109.78
13/07/20209.1900SELL 110.55
08/07/20209.1900BUY 111.33
06/07/20209.1750SELL 112.11
29/06/20208.3800BUY 103.12
25/06/20208.2700SHORT 105.99
17/06/20208.3800BUY 108.92
08/06/20208.6400SELL 109.69
29/05/20208.4900BUY 108.55
19/05/20208.4700SELL 109.32
17/04/20207.6400BUY 99.30
† Trade commissions are taken as 0.70%.
Date 
Price 
Signal 
 
PKR100⇨ 
08/04/20219.4500BUY 176.57
31/03/20219.5200SELL 177.81
24/03/20218.7300BUY 164.20
18/03/20218.4800SHORT 171.58
16/03/20218.2800BUY 169.90
26/02/20219.0100SHORT 159.39
24/02/20219.1000BUY 163.26
15/01/20219.7500SELL 164.41
06/01/20219.5500BUY 162.17
30/12/20209.1900SELL 163.31
24/12/20208.9900BUY 160.88
18/12/20208.9800SELL 162.01
14/12/20209.0850BUY 165.06
03/12/20209.0400SELL 166.22
26/11/20208.9300BUY 165.35
10/11/20209.2100SHORT 162.74
05/11/20209.3400BUY 167.37
28/10/20209.6000SHORT 165.26
21/10/20209.5250BUY 166.29
16/10/20209.4300SHORT 170.36
07/10/20209.8150BUY 179.82
25/09/202011.6900SELL 181.09
28/08/20209.3850BUY 146.41
26/08/20209.2000SELL 147.44
19/08/20209.1400BUY 147.51
10/08/20209.0000SELL 148.55
06/08/20208.7500BUY 145.44
13/07/20209.1900SELL 146.47
08/07/20209.1900BUY 147.50
06/07/20209.1750SELL 148.54
29/06/20208.3800BUY 136.63
25/06/20208.2700SHORT 140.43
17/06/20208.3800BUY 144.31
08/06/20208.6400SELL 145.33
29/05/20208.4900BUY 143.81
19/05/20208.4700SELL 144.82
17/04/20207.6400BUY 131.55
06/04/20207.9600SELL 132.48
30/03/20207.2700BUY 121.85
29/01/20209.7100SELL 122.71
23/01/20209.8900BUY 125.87
20/01/20209.7100SELL 126.76
10/01/20209.8900BUY 130.02
08/01/20209.8000SHORT 133.08
02/01/20209.5600BUY 131.66
27/12/20199.3550SHORT 136.51
24/12/20199.3750BUY 138.74
11/12/20199.9600SELL 139.72
29/11/20198.5000BUY 120.08
20/11/20198.5650SELL 120.93
31/10/20197.4000BUY 105.22
17/10/20197.7000SELL 105.96
11/10/20197.9300BUY 109.89
09/10/20197.7000SELL 110.66
02/10/20197.0000BUY 101.31
23/09/20196.8500SHORT 105.04
12/09/20196.8500BUY 106.53
21/08/20197.0350SELL 107.28
19/08/20197.0300BUY 107.96
02/07/20198.1000SHORT 96.71
28/06/20198.1350BUY 98.50
28/05/20198.4800SHORT 95.99
21/05/20198.1300BUY 93.33
30/04/20199.3400SELL 93.99
26/04/20199.3300BUY 94.55
17/04/20199.0200SHORT 99.30
† Trade commissions are taken as 0.70%.

Disclaimers:

Americanbulls.com LLC is not registered as an investment adviser with the U.S. Securities and Exchange Commission. Rather, Americanbulls.com LLC relies upon the “publisher’s exclusion” from the definition of investment adviser as provided under Section 202(a)(11) of the Investment Advisers Act of 1940 and corresponding state securities laws. As such, Americanbulls.com LLC does not offer or provide personalized investment advice. This site and all others owned and operated by Americanbulls.com LLC are bona fide publications of general and regular circulation offering impersonal investment-related advice to member and /or prospective members.

Pakistanibulls.com is an independent website. Americanbulls.com LLC does not receive compensation by any direct or indirect means from the stocks, securities and other institutions or any underwriters or dealers associated with the broader national or international forex, commodity and stock markets.

Therefore, Pakistanibulls.com and Americanbulls.com LLC is exempt from the definition of “investment adviser” as provided under Section 202(a) (11) of the Investment Advisers Act of 1940 and corresponding state securities laws, and hence registration as such is not required. We are not a registered broker-dealer. Material provided by Americanbulls.com LLC is for informational purposes only, and that no mention of a particular security in any of our materials constitutes a recommendation to buy, sell, or hold that or any other security, or that any particular security, portfolio of securities, transaction or investment strategy is suitable for any specific person. To the extent that any of the information obtained from Americanbulls.com LLC may be deemed to be investment opinion, such information is impersonal and not tailored to the investment needs of any specific person. Americanbulls.com LLC does not promise, guarantee or imply verbally or in writing that any information provided through our websites, commentaries, or reports, in any printed material, or displayed on any of our websites, will result in a profit or loss.

Government regulations require disclosure of the fact that while these methods may have worked in the past, past results are not necessarily indicative of future results. While there is a potential for profits there is also a risk of loss. There is substantial risk in security trading. Losses incurred in connection with trading stocks or futures contracts can be significant. You should therefore carefully consider whether such trading is suitable for you in the light of your financial condition since all speculative trading is inherently risky and should only be undertaken by individuals with adequate risk capital. Neither Americanbulls.com LLC, nor Pakistanibulls.com makes any claims whatsoever regarding past or future performance. All examples, charts, histories, tables, commentaries, or recommendations are for educational or informational purposes only.

Displayed information is based on widely-accepted methods of technical analysis based on candlestick patterns. All information is from sources deemed to be reliable, but there is no guarantee to the accuracy. Long-term investment success relies on recognizing probabilities in price action for possible future outcomes, rather than absolute certainty – risk management is critical for success. Error and uncertainty are part of any form of market analysis. Past performance is no guarantee of future performance. Investment/ trading carries significant risk of loss and you should consult your financial professional before investing or trading. Your financial adviser can give you specific financial advice that is appropriate to your needs, risk-tolerance, and financial position. Any trades or hedges you make are taken at your own risk for your own account.

You agree that Pakistanibulls.com and Americanbulls.com LLC its parent company, subsidiaries, affiliates, officers and employees shall not be liable for any direct, indirect, incidental, special or consequential damages.