PSX · TECHNOLOGY & COMMUNICATION · Daily
PAKD Bear Pennant breakdown
Pak Datacom Limited · 20 Oct 2026
▼ Bearish Breakout Pattern breakout Against the trend
Closed at 120.21 on the breakout. Target 84.15, invalidation 123.94.
Trade plan
● Active- Close
- 120.21
- ▲ 0.01%
- Target
- 84.15
- -30.0%
- Invalidation
- 123.94
- +3.1%
RiskReward
- Reward : risk
- 9.7 : 1
- ATR
- 3.48
- Price now
- 120.21 0.0%
Outcome measured on the daily 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 Daily candles · click to enlarge
The breakdown
PAKD broke below its bear pennant on the daily close at 120.21.
Projected target 84.15 (-30.0%). The pattern is invalidated beyond 123.94 (+3.1%), a reward-to-risk of about 9.7 : 1.
Structure: bullish external, bullish internal (strong low 85.60). Nearest demand OB 91.64 - 98.90, supply OB 265.00 - 286.72.
How to read this signal
- 1 The breakout was confirmed by the daily candle closing below the pattern at 120.21.
- 2 The target, 84.15 (-30.0%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 123.94 (+3.1%), cancels the setup.
- 4 Reward : risk is 9.7 : 1: the distance to the target divided by the distance to invalidation.
- 5 Trend context: against the trend.
Pattern guide
About the bear pennant
A bear pennant is a sharp fall followed by a small symmetrical triangle; a break below it usually continues the fall.
- Confirmation
- A close below the pennant.
- Target
- The length of the pole, projected down from the breakout.
- Fails if
- A close above the pennant.