PSX · TEXTILE COMPOSITE
FML Ascending Triangle breakdown — 30 Min chart signal
Feroze1888 Mills Limited
30 Min 16 Oct 2026 · 10:30 PKT
Close
44.26
▲ 0.00%
Ascending Triangle breakdown
Pattern breakout With the trend
FML broke below its ascending triangle on the 30-minute close at 44.26.
Projected target 42.20 (-4.7%). The pattern is invalidated beyond 47.10 (+6.4%), a reward-to-risk of about 0.7 : 1. A close back inside the pattern within 12 candles is treated as a fake-out.
Structure: bearish external, bullish internal (strong high 69.80). Nearest demand OB 41.50 - 42.00, supply OB 56.50 - 57.98.
More for FML
FML company page →Ascending Triangle forming
FML is compressing inside an ascending triangle on the hourly chart - 5 swing points, 8.1x ATR wide at the start.
15 Oct 2026 · 14:30 PKT Chart pattern
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FML is compressing inside an ascending triangle on the 30-minute chart - 5 swing points, 10.5x ATR wide at the start.
14 Oct 2026 · 15:00 PKT Chart pattern