TRG Pakistan Limited – Breakout and Technical OutlookTRG Pakistan LimitedPSX:TRGTradeMarketWatchTRG Pakistan Limited (PSX: TRG) has been consolidating within a multi-year descending channel and is now approaching a critical technical juncture. Technical Structure Downtrend Resistance: The stock has remained under a long-term declining trendline since early 2021, consistently making lower highs. Support Base: Strong demand has been observed in the 44–50 PKR zone, which has acted as a multi-touch support level. Immediate Resistance: 68.66 PKR – near-term breakout level. 80.51 PKR – mid-term resistance. 93.73 PKR and 100.76 PKR – long-term upside targets upon a sustained breakout. Price Outlook A close above 68.66 PKR would indicate a potential structural shift, opening room toward the 80–100 PKR range. Sustained price action above the descending trendline would confirm a long-term reversal and potentially attract institutional participation. Conversely, failure to hold above current levels could lead to a retest of the 50–44 PKR demand zone. Strategic View TRG remains in a neutral-to-bullish posture in the short term. A confirmed breakout above resistance levels will improve risk-reward dynamics for medium- to long-term investors, while the downside remains capped by a well-defined support base.