PSX · MODARABAS
FTMM Ascending Triangle breakdown — Daily chart signal
First Treet Manufacturing Modaraba
Daily 09 Oct 2026
Close
18.56
▲ 0.32%
Ascending Triangle breakdown
Pattern breakout With the trend
FTMM broke below its ascending triangle on the daily close at 18.56.
Projected target 13.23 (-28.7%). The pattern is invalidated beyond 21.75 (+17.2%), a reward-to-risk of about 1.7 : 1. A close back inside the pattern within 12 candles is treated as a fake-out.
Structure: bearish external, bearish internal (strong high 41.88). Nearest supply OB 29.36 - 30.94.
More for FTMM
FTMM company page →Ascending Triangle forming
FTMM is compressing inside an ascending triangle on the daily chart - 6 swing points, 7.5x ATR wide at the start.
08 Oct 2026 Chart pattern
Ascending Triangle breakdown
FTMM broke below its ascending triangle on the daily close at 17.95.
02 Oct 2026 Pattern breakout