PSX · CABLE & ELECTRICAL GOODS
EMCO Bullish change of character — 30 Min chart signal
Emco Industries Limited
30 Min 12 Oct 2026 · 11:30 PKT
Close
33.65
▲ 3.54%
Bullish change of character
Market structure · CHoCH
EMCO closed above the external strong high at 32.99 - the external trend turns bullish.
The 30-minute close at 33.65 confirms it. The new external CHoCH level (strong low) is 29.10: a close beyond it would change the character back.
Structure: bullish external, bullish internal (strong low 29.10). Nearest demand OB 30.50 - 30.60, supply OB 35.50 - 35.80.
More for EMCO
EMCO company page →Falling Wedge breakout
EMCO broke above its falling wedge on the hourly close at 31.00.
09 Oct 2026 · 14:30 PKT Pattern breakout
Falling Wedge forming
EMCO is compressing inside a falling wedge on the hourly chart - 6 swing points, 10.4x ATR wide at the start.
09 Oct 2026 · 11:30 PKT Chart pattern