AGL – TECH BUY CALL by The Chart Alchemist | 27 Sept 2025 (1H TF)
The stock previously achieved a high of PKR 88.5, broke down from its bullish channel (marked in green), and formed a lower high (marked with a red solid line). It then started a downward leg in a broad channel (marked in light pink) with a tight channel (marked in light blue) within it. After breaking out of the tight channel, achieving PKR 76.8, and forming a double bottom pattern in a horizontal channel (marked in yellow), the stock has now broken out of both bearish channels and constructed a bullish structure.
📢 Disclaimer: Technical analysis by Mushtaque Muhammad (The Chart Alchemist).
The stock previously achieved a high of PKR 88.5, broke down from its bullish channel (marked in green), and formed a lower high (marked with a red solid line). It then started a downward leg in a broad channel (marked in light pink) with a tight channel (marked in light blue) within it. After breaking out of the tight channel, achieving PKR 76.8, and forming a double bottom pattern in a horizontal channel (marked in yellow), the stock has now broken out of both bearish channels and constructed a bullish structure.
📢 Disclaimer: Technical analysis by Mushtaque Muhammad (The Chart Alchemist).
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.