PSX · VANASPATI & ALLIED INDUSTRIES
POML Symmetrical Triangle breakdown — 30 Min chart signal
Punjab Oil Mills Limited
30 Min 09 Oct 2026 · 10:00 PKT
Close
142.10
▼ 1.32%
Symmetrical Triangle breakdown
Pattern breakout
POML broke below its symmetrical triangle on the 30-minute close at 142.10.
Projected target 129.09 (-9.2%). The pattern is invalidated beyond 147.98 (+4.1%), a reward-to-risk of about 2.2 : 1. A close back inside the pattern within 12 candles is treated as a fake-out.
Structure: bullish external, bearish internal (strong low 113.11). Nearest demand OB 125.01 - 126.00.