PSX · CABLE & ELECTRICAL GOODS
EMCO Falling Wedge forming — 1 Hour chart signal
Emco Industries Limited
1 Hour 09 Oct 2026 · 11:30 PKT
Close
30.15
▼ 0.82%
Falling Wedge forming
Chart pattern Against the trend
EMCO is compressing inside a falling wedge on the hourly chart - 6 swing points, 10.4x ATR wide at the start.
Upper line 30.62, lower line 27.41. The pattern favours an upside resolution: a hourly close above 30.79 confirms an upside breakout, a close below 27.24 a downside break. Still active - first identified on 02 Oct 2026 14:30.
Structure: bearish external, bearish internal (strong high 46.88). Nearest supply OB 33.51 - 34.99.
More for EMCO
EMCO company page →Bullish change of character
EMCO closed above the external strong high at 32.99 - the external trend turns bullish.
12 Oct 2026 · 11:30 PKT Market structure · CHoCH
Falling Wedge breakout
EMCO broke above its falling wedge on the hourly close at 31.00.
09 Oct 2026 · 14:30 PKT Pattern breakout