SEARL LongSearle Company LtdPSX_DLY:SEARLForever-Learner1. Symmetrical Triangle Breakout Price has been consolidating since 2021 between roughly PKR 60–120 inside a converging triangle. Current monthly candle, if breaks above the triangle’s upper trendline, it will be a bullish breakout signal. 2. Fibonacci Retracement & Extension The full retracement from 162 (2021 high) to 34 (2023 low) is plotted. Current price (~121) has surpassed the 0.618 retracement (113) — a key resistance level — turning it into support. Next Fibonacci extension targets: 0.786 level (134.87) — minor resistance. 1.0 level (162.23) — Major resistance & previous high. 1.272 (197.01) — Next bullish target after breakout. 1.618 (241.25) — Extended target zone, coinciding with strong pivot resistance. Pivot Levels (Monthly) PivotLevel (PKR) Pivot (P)92.27Previous breakout zone / strong base R1141.51Short-term resistance / first target R2178.56Mid-term target R3227.80Long-term breakout extension target R4277.04Extended bull run potential Volume & Momentum Noticeable volume surge in 2023–2025 suggests institutional accumulation. RSI (not shown but inferred from price pattern) likely moving toward overbought but still healthy for a breakout continuation. Technical Outlook Short-termBullishBreakout above triangle & 0.618 Fib with volume Medium-termBullish to StrongNext resistances at 141 → 162 → 178 Long-termPotential target zone: 220–240Matches R3 & 1.618 Fib extension Invalidation / Stop Level If the price closes below PKR 92 (Pivot support) on monthly basis, it would invalidate the breakout and return to consolidation. Summary Breakout confirmation: if monthly candle closes above 120 Next technical targets: T1: 141 T2: 162 T3: 197 T4 (Extended): 228–241 Support levels: 113, 92, and 64 Trend: Reversal to uptrend after 5-year downtrend.