PSX · CABLE & ELECTRICAL GOODS
PCAL Ascending Triangle breakdown — 30 Min chart signal
Pakistan Cables Limited
30 Min 16 Oct 2026 · 11:00 PKT
Close
137.00
▼ 0.01%
Ascending Triangle breakdown
Pattern breakout With the trend
PCAL broke below its ascending triangle on the 30-minute close at 137.00.
Projected target 133.00 (-2.9%). The pattern is invalidated beyond 139.87 (+2.1%), a reward-to-risk of about 1.4 : 1. A close back inside the pattern within 12 candles is treated as a fake-out.
Structure: bearish external, bearish internal (strong high 150.00). Nearest supply OB 181.88 - 182.00.
More for PCAL
PCAL company page →Ascending Triangle forming
PCAL is compressing inside an ascending triangle on the 30-minute chart - 5 swing points, 8.6x ATR wide at the start.
16 Oct 2026 · 11:00 PKT Chart pattern
Inverse Head & Shoulders forming
PCAL has completed an inverse head & shoulders on the 30-minute chart with the head at 133.00 and the neckline at 139.99.
14 Oct 2026 · 12:00 PKT Chart pattern