PSX · TECHNOLOGY & COMMUNICATION · 30 Min
STL Bull Flag breakout
Supernet Technologies Limited · 05 Nov 2026 · 14:00 PKT
▲ Bullish Breakout Pattern breakout Against the trend
Closed at 22.99 on the breakout. Target 24.50, invalidation 22.35.
Trade plan
● Active- Close
- 22.99
- ▲ 1.91%
- Target
- 24.50
- +6.6%
- Invalidation
- 22.35
- -2.8%
RiskReward
- Reward : risk
- 2.4 : 1
- ATR
- 0.27
- Price now
- 23.23 +1.0%
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
STL broke above its bull flag on the 30-minute close at 22.99.
Projected target 24.50 (+6.6%). The pattern is invalidated beyond 22.35 (-2.8%), a reward-to-risk of about 2.4 : 1.
Structure: bearish external, bullish internal (strong high 23.50). Nearest demand OB 21.20 - 21.60, supply OB 23.91 - 24.01.
How to read this signal
- 1 The breakout was confirmed by the 30 min candle closing above the pattern at 22.99.
- 2 The target, 24.50 (+6.6%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 22.35 (-2.8%), cancels the setup.
- 4 Reward : risk is 2.4 : 1: the distance to the target divided by the distance to invalidation.
- 5 Trend context: against the trend.
Pattern guide
About the bull flag
A bull flag is a sharp rise (the pole) followed by a short, gently falling channel (the flag); a break above the flag usually resumes the rise.
- Confirmation
- A close above the flag's upper line.
- Target
- The length of the pole, projected up from the breakout.
- Fails if
- A close below the flag's lower line.