PSX · TEXTILE SPINNING
SSML Descending Triangle breakout — 1 Hour chart signal
Saritow Spinning Mills Limited
1 Hour 14 Oct 2026 · 11:30 PKT
Close
18.50
▲ 0.60%
Descending Triangle breakout
Pattern breakout With the trend
SSML broke above its descending triangle on the hourly close at 18.50.
Projected target 20.32 (+9.8%). The pattern is invalidated beyond 17.05 (-7.8%), a reward-to-risk of about 1.3 : 1. A close back inside the pattern within 12 candles is treated as a fake-out.
Structure: bullish external, bullish internal (strong low 15.00). Nearest supply OB 21.13 - 21.72.