PASL has emerged from a multi-year consolidation, establishing a bullish HH–HL structure. The recent breakout strengthens the bullish bias. Historically, deep corrections followed major highs, while the weekly chart suggests a potential pullback towards the 0.618 Fibonacci and rising trendline confluence (3.00–3.30) before the next possible expansion towards 4.70+

PASL Played well.🤝🥂 Every move has an edge.

Price is approaching a key support zone at 26.70, aligning with the potential completion of a Butterfly Harmonic pattern. RSI bullish divergence suggests weakening bearish momentum. However, a confirmed price reversal is required before considering a bullish shift. A breakdown below 26.70 would invalidate the current reversal setup.

After nearly 79 days of price decline and 10 resistance tests, the KSE100 has finally broken above its descending trendline, following a well-defined 32-day descending channel. The breakout marks a potential shift in market structure, with 169,000 as the projected channel target. Sustained price action above the breakout zone will be crucial for confirmation.

PAEL is approaching a major confluence zone around 31.0–32.0, where long-term trendline support aligns with the potential completion of a harmonic pattern. RSI divergence on the weekly and 4H charts suggests weakening bearish momentum, but bullish confirmation is still required. On the daily timeframe, price remains under pressure after an extended decline and is testing the lower boundary of its consolidation structure. Wait for a trendline breakout and a break of the lower-high structure before considering bullish continuation. A breakdown below support would weaken the reversal setup.