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20 Day Moving Average Resistance appears for PSX after 2.85% move
PSX closed down 2.85% on Tuesday, June 30th, with volume running 0.9× below average. Multiple bearish signals emerged — 20 DMA Resistance, Fell Below 50 DMA, Bearish Engulfing, Directional Movement Crossover Bearish & Expansion Pivot Sell Setup — suggesting potential weakness ahead. Key support levels exist at 166.74, 164.38 & 159.94, with resistance at 173.54, 177.98 & 180.34.
Current SwingTradeBot Technical Rating of PSX: C
Traders are watching PSX for a reason. See the full signal list.
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