PSX · PAPER, BOARD & PACKAGING
CPPL Descending Triangle breakout — 30 Min chart signal
Cherat Packaging Limited
30 Min 13 Oct 2026 · 13:30 PKT
Close
93.98
▲ 0.48%
Descending Triangle breakout
Pattern breakout Against the trend
CPPL broke above its descending triangle on the 30-minute close at 93.98.
Projected target 97.12 (+3.3%). The pattern is invalidated beyond 90.70 (-3.5%), a reward-to-risk of about 1.0 : 1. A close back inside the pattern within 12 candles is treated as a fake-out.
Structure: bearish external, bearish internal (strong high 106.98). Nearest demand OB 86.20 - 87.89, supply OB 100.00 - 102.00.
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CPPL company page →Descending Triangle breakout
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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
Descending Triangle forming
CPPL is compressing inside a descending triangle on the hourly chart - 5 swing points, 6.5x ATR wide at the start.
13 Oct 2026 · 09:30 PKT Chart pattern