AGTL Weekly Chart Analysis (PSX: AGTL)

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🟢 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.

Penafian

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