PSX · MODARABAS
FEM Descending Triangle forming — 30 Min chart signal
First Equity Modaraba
30 Min 16 Oct 2026 · 14:30 PKT
Close
12.30
▲ 0.82%
Descending Triangle forming
Chart pattern Against the trend
FEM is compressing inside a descending triangle on the 30-minute chart - 5 swing points, 6.0x ATR wide at the start.
Upper line 12.22, lower line 11.69. The pattern favours a downside resolution: a 30-minute close above 12.27 confirms an upside breakout, a close below 11.64 a downside break.
Structure: bullish external, bullish internal (strong low 9.41). Nearest demand OB 9.09 - 9.30.
More for FEM
FEM company page →Descending Triangle breakout
FEM broke above its descending triangle on the 30-minute close at 12.30.
16 Oct 2026 · 14:30 PKT Pattern breakout
Bull Flag forming
FEM is building a bull flag after a 2.75 rally (5.8x ATR) on the hourly chart.
09 Oct 2026 · 11:30 PKT Chart pattern
Bull Flag forming
FEM is building a bull flag after a 2.75 rally (6.5x ATR) on the 30-minute chart.
09 Oct 2026 · 11:30 PKT Chart pattern