PSX · PAPER, BOARD & PACKAGING
CPPL Symmetrical Triangle breakout — 30 Min chart signal
Cherat Packaging Limited
30 Min 09 Oct 2026 · 10:00 PKT
Close
94.88
▲ 0.94%
Symmetrical Triangle breakout
Pattern breakout
CPPL broke above its symmetrical triangle on the 30-minute close at 94.88.
Projected target 99.07 (+4.4%). The pattern is invalidated beyond 92.53 (-2.5%), a reward-to-risk of about 1.8 : 1. A close back inside the pattern within 12 candles is treated as a fake-out.
Structure: bearish external, bearish internal (strong high 106.98). Nearest demand OB 86.20 - 87.89, supply OB 100.00 - 102.00.
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