PSX · PAPER, BOARD & PACKAGING
CPPL Descending Triangle breakout — 1 Hour chart signal
Cherat Packaging Limited
1 Hour 09 Oct 2026 · 14:30 PKT
Close
93.98
▼ 0.02%
Descending Triangle breakout
Pattern breakout Against the trend
CPPL broke above its descending triangle on the hourly close at 93.98.
Projected target 105.97 (+12.8%). The pattern is invalidated beyond 90.61 (-3.6%), a reward-to-risk of about 3.6 : 1. A close back inside the pattern within 12 candles is treated as a fake-out.
Structure: bearish external, bearish internal (strong high 117.80). Nearest demand OB 86.20 - 88.75, supply OB 100.00 - 102.00.
More for CPPL
CPPL company page →Descending Triangle breakout
CPPL broke above its descending triangle on the 30-minute close at 93.98.
13 Oct 2026 · 13:30 PKT Pattern breakout
Descending Triangle breakout
CPPL broke above its descending triangle on the 30-minute close at 94.00.
13 Oct 2026 · 12:30 PKT Pattern breakout
Descending Triangle breakout
CPPL broke above its descending triangle on the 30-minute close at 94.77.
13 Oct 2026 · 11:00 PKT Pattern breakout
Descending Triangle breakout
CPPL broke above its descending triangle on the hourly close at 94.00.
13 Oct 2026 · 09:30 PKT Pattern breakout