PSX · TEXTILE SPINNING
ASTM Bull Pennant forming — 30 Min chart signal
Asim Textile Mills Limited
30 Min 12 Oct 2026 · 13:00 PKT
Close
68.50
▲ 0.03%
Bull Pennant forming
Chart pattern Against the trend
ASTM is building a bull pennant after a 11.93 rally (5.5x ATR) on the 30-minute chart.
The flag channel runs between 66.82 and 67.73. A 30-minute close above 68.17 signals continuation towards 79.66; a close below 66.82 fails the pattern.
Structure: bearish external, bearish internal (strong high 129.69). Nearest demand OB 22.75 - 23.50, supply OB 125.00 - 129.69.