PSX · MISCELLANEOUS
MWMP Ascending Triangle breakdown — 1 Hour chart signal
Mandviwala Mauser Plastic Industries
1 Hour 15 Oct 2026 · 10:30 PKT
Close
88.65
▼ 1.25%
Ascending Triangle breakdown
Pattern breakout Against the trend
MWMP broke below its ascending triangle on the hourly close at 88.65.
Projected target 71.79 (-19.0%). The pattern is invalidated beyond 98.40 (+11.0%), a reward-to-risk of about 1.7 : 1. A close back inside the pattern within 12 candles is treated as a fake-out.
Structure: bullish external, bearish internal (strong low 64.00). Nearest demand OB 70.00 - 71.90, supply OB 120.50 - 124.00.