PSX · TEXTILE SPINNING

ASTM Bull Pennant breakout — 30 Min chart signal

Asim Textile Mills Limited

30 Min 12 Oct 2026 · 13:00 PKT

68.50

▲ 0.03%

▲ Bullish

Bull Pennant breakout

Pattern breakout Against the trend

ASTM broke above its bull pennant on the 30-minute close at 68.50.

Projected target 79.66 (+16.3%). The pattern is invalidated beyond 66.66 (-2.7%), a reward-to-risk of about 6.1 : 1.

Structure: bearish external, bearish internal (strong high 129.69). Nearest demand OB 22.75 - 23.50, supply OB 125.00 - 129.69.

Levels 30 Min

ASTM company page →

ASTM is building a bull pennant after a 11.93 rally (5.5x ATR) on the 30-minute chart.

12 Oct 2026 · 13:00 PKT Chart pattern