# Hub Power Co. Ltd. (HUBC – PSX) | Bullish Flag Formation Hub Power Co. Ltd.PSX_DLY:HUBCMusarrat_karamat# Hub Power Co. Ltd. (HUBC) is currently exhibiting a bullish flag continuation pattern within a broader upward trajectory, consistent with completion of an AB = CD harmonic structure. The consolidation between PKR 215–225 reflects constructive profit-taking following the prior impulsive rally. Price action remains supported above key moving averages, maintaining bullish structure integrity. A decisive close above PKR 223.13 would confirm breakout and likely initiate the next expansion phase. Technical Outlook Momentum indicators (RSI, volume) suggest accumulation. Volume contraction during consolidation supports latent breakout potential. Projected AB = CD completion near PKR 280 aligns with upper-channel resistance, yielding a favorable 1:2 risk-reward setup. Fundamental View HUBC maintains strong fundamentals, driven by a diversified portfolio spanning thermal, coal, and renewables. Stable dividend yields, long-term contracts, and robust cash flows provide earnings visibility. Policy stability and progress on circular-debt reforms further reinforce the outlook. Investment View Both technical and fundamental signals favor continuation. A confirmed breakout above PKR 223 would validate the bullish pattern, opening potential toward PKR 244 → PKR 280.