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PSX Crossed Above 50 Day Moving Average on June 29
PSX finished higher by 1.4% on Monday, June 29th, trading 0.9 times its typical volume. Mixed technical signals appeared with Crossed Above 50 DMA and Directional Movement Crossover Bullish suggesting upside potential, while 20 DMA Resistance and Shooting Star Candlestick indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 172.42, 170.8 & 168.01, with resistance at 176.83, 179.62 & 181.24.
Current SwingTradeBot Technical Rating of PSX: B
Want the complete picture? Head to SwingTradeBot to see the rest of today’s action.
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