Rectangular channel broke down!

Wait 5 sec.

Rectangular channel broke down!At-Tahur Ltd.PSX:PREMAHouse-of-TechnicalsPREMA Analysis Closed at 29.16 (25-02-2026) Rectangular channel broke down, targeting around 24 - 25 However, Monthly Closing above 27 - 27.50 would be OK; with the immediate resistance around 35 - 37. Once the price starts closing within rectangular channel again, we may witness some upside movements around 45 - 50. Uptrend will start once the price crosses 55 - 57 & sustains with good volumes.