PSX · CABLE & ELECTRICAL GOODS
PCAL Ascending Triangle forming — 1 Hour chart signal
Pakistan Cables Limited
1 Hour 16 Oct 2026 · 14:30 PKT
Close
135.51
▼ 1.09%
Ascending Triangle forming
Chart pattern Against the trend
PCAL is compressing inside an ascending triangle on the hourly chart - 5 swing points, 6.6x ATR wide at the start.
Upper line 139.99, lower line 138.64. The pattern favours an upside resolution: a hourly close above 140.23 confirms an upside breakout, a close below 138.40 a downside break.
Structure: bearish external, bearish internal (strong high 250.00). Nearest supply OB 179.50 - 181.88.
More for PCAL
PCAL company page →Ascending Triangle breakdown
PCAL broke below its ascending triangle on the hourly close at 135.51.
16 Oct 2026 · 14:30 PKT Pattern breakout
Ascending Triangle breakdown
PCAL broke below its ascending triangle on the 30-minute close at 137.00.
16 Oct 2026 · 11:00 PKT Pattern breakout
Ascending Triangle forming
PCAL is compressing inside an ascending triangle on the 30-minute chart - 5 swing points, 8.6x ATR wide at the start.
16 Oct 2026 · 11:00 PKT Chart pattern
Inverse Head & Shoulders forming
PCAL has completed an inverse head & shoulders on the 30-minute chart with the head at 133.00 and the neckline at 139.99.
14 Oct 2026 · 12:00 PKT Chart pattern