PSX · MODARABAS
FTMM Ascending Triangle forming — Daily chart signal
First Treet Manufacturing Modaraba
Daily 08 Oct 2026
Close
18.50
▼ 2.12%
Ascending Triangle forming
Chart pattern Against the trend
FTMM is compressing inside an ascending triangle on the daily chart - 6 swing points, 7.5x ATR wide at the start.
Upper line 21.29, lower line 18.71. The pattern favours an upside resolution: a daily close above 21.50 confirms an upside breakout, a close below 18.50 a downside break. Still active - first identified on 21 Sep 2026.
Structure: bearish external, bearish internal (strong high 41.88). Nearest supply OB 29.36 - 30.94.