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DWAE BULLISH MARUBOZU WITH STRONG BREAKOUT TG: 48 -57, 75 - 84📈 DWAE (Dewan Automotive Engineering Ltd) - TECHNICAL VIEW Dewan Automotive Engineering Ltd (PSX: DWAE) has delivered a decisive breakout from a long-standing falling wedge pattern, accompanied by a powerful bullish marubozu candle on the weekly chart. The stock surged by +34.01%, closing at PKR 34.44, signaling the potential start of a new uptrend after an extended consolidation phase. The falling wedge, a classic bullish reversal formation, had been compressing price action for several months. The current breakout, confirmed by increased volume and a strong weekly close above the wedge resistance, marks a shift in momentum from distribution to accumulation. From a technical standpoint, the immediate initial target lies in the PKR 48–57 range—roughly the 50% retracement zone of the previous decline. A sustained move above this range would open the door toward the broader breakout objective of PKR 75–84, offering significant upside potential. To maintain this bullish outlook, DWAE must hold above the breakout zone near PKR 28–30, which now acts as strong structural support. Any consolidation above this level would be viewed as a healthy retest and continuation setup. In summary, DWAE has initiated a high-probability breakout from a classic wedge pattern, supported by a bullish candlestick structure and rising volume. As long as it holds above key support, the stock is well-positioned to advance toward PKR 48–57, with an extended target of PKR 75–84 in the coming weeks.
PSX:DWAELong
by tradeflowadvisors
Inverse Head & Shoulders Forming – Watch for Breakout Above 28UNITY indicates the formation of an inverse head and shoulders pattern, a bullish reversal setup. The neckline resistance is drawn around the PKR 27.5–28 level, which also aligns closely with the 200-day EMA at PKR 28.23, adding to its significance. Volume has notably increased during the formation of the right shoulder, suggesting growing bullish interest. A long position should only be considered after a decisive breakout above the neckline resistance , ideally on strong volume, confirming the pattern. If the breakout occurs, the projected upside target could extend toward the PKR 34–35 range, which is a previous major resistance zone. Until then, the setup remains neutral and unconfirmed.
PSX:UNITYLong
by mbaberhanif
GAL LONG TRADEGAL is in a Consolidation since past 5 months- the simple Rule of Trading Ranges is "BUY LOW AND SELL HIGH". GAL has been trading towards channel bottom and now has shown a significant reversal confirmed by HL, VG and price crossing over EMA-20 on 1H TF. 🚨 TECHNICAL BUY CALL –GAL🚨 🎯 BUY ZONE: Rs. 425-430 📈 TP 1: Rs. 445 📈 TP 2: Rs. 468 📈 TP 3: Rs. 490 🛑 STOP LOSS: Below Rs. 413 (Daily Close) 📊 RISK-REWARD: High Conviction | 1:5 Caution: Buy in 3 parts within given range - Please close at least 50% position size at TP1 and then follow strict trailing SL to avoid losing incurred profits in case of unforeseen market conditions. SHARE AND BOOST IF YOU FIND THIS HELPFUL
PSX:GALLong
by THE-CHART-ALCHEMIST
AGTL Weekly Chart Analysis (PSX: AGTL)🟢 Consistent Bullish Reaction from Trendline Support Trendline Support: Price is respecting a strong ascending trendline that has been tested multiple times since 2023. Key Observation: Each time price touches the trendline, it consolidates for exactly 6 weeks. After this 6-week consolidation, AGTL typically enters a strong bullish rally. 🔁 Repeating 6-Week Pattern First Zone: October 2023 — 6-week base → breakout rally. Second Zone: July 2024 — again 6-week accumulation → bullish trend resumes. Current Zone: May 2025 — AGTL touched the trendline again and has completed another 6-week base. This is the third time this exact behavior is repeating, indicating a strong fractal pattern and high probability of a new uptrend starting soon. 🔮 Bullish Outlook If history repeats, AGTL is likely to start rallying soon, potentially leading to a new swing high over the coming weeks/months. The 6-week cycle provides a time-based edge to anticipate movement rather than reacting late. 📌 Possible Price Projections for Bullish Trend These are historically grounded targets based on actual previous price movements following similar trendline+consolidation patterns. If AGTL follows the same 6-week base → rally pattern again: Short-term target: ~670 PKR (87%) Extended bull case: ~1030 PKR (188%) 📈 Conclusion AGTL is showing strong technical consistency: Each touch of the trendline has led to a 6-week accumulation followed by a bullish breakout.
PSX:AGTLLong
by ByteSignals