PSX · POWER GENERATION & DISTRIBUTION · 30 Min
KOHP Bull Pennant breakout
Kohinoor Power Company Limited · 19 Oct 2026 · 10:00 PKT
▲ Bullish Breakout Pattern breakout Against the trend
Closed at 24.70 on the breakout. Target 28.27, invalidation 23.69.
Trade plan
● Active- Close
- 24.70
- ▲ 2.87%
- Target
- 28.27
- +14.5%
- Invalidation
- 23.69
- -4.1%
RiskReward
- Reward : risk
- 3.5 : 1
- ATR
- 0.62
- Price now
- 25.39 +2.8%
Outcome measured on the 30 min bars after the signal: target or invalidation, whichever is touched first; a bar touching both counts as invalidated.
- Target
- Invalidation
- Pattern lines
- Fair value gap (bull / bear)
- Order block
- Strong / weak high and low
- BOS · CHoCHstructure breaks
SMC Structure · Order Blocks · FVG · Pattern Detector 30 Min candles · click to enlarge
The breakdown
KOHP broke above its bull pennant on the 30-minute close at 24.70.
Projected target 28.27 (+14.5%). The pattern is invalidated beyond 23.69 (-4.1%), a reward-to-risk of about 3.5 : 1.
Structure: bearish external, bullish internal (strong high 35.31). Nearest demand OB 19.50 - 19.61, supply OB 29.42 - 29.74.
How to read this signal
- 1 The breakout was confirmed by the 30 min candle closing above the pattern at 24.70.
- 2 The target, 28.27 (+14.5%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 23.69 (-4.1%), cancels the setup.
- 4 Reward : risk is 3.5 : 1: the distance to the target divided by the distance to invalidation.
- 5 Trend context: against the trend.
Pattern guide
About the bull pennant
A bull pennant is a sharp rise followed by a small symmetrical triangle; a break above it usually continues the rise.
- Confirmation
- A close above the pennant.
- Target
- The length of the pole, projected up from the breakout.
- Fails if
- A close below the pennant.