Teejay Lanka PLC (TJL) - Bullish Reversal from Yearly DemandTeejay Lanka PlcCSELK:TJL.N0000wolfofcseThe dual-timeframe analysis of Teejay Lanka PLC highlights a high-probability reversal setup. On the monthly chart (left), the price has entered a long-term Demand Zone between 28.0 and 30.0, a level that has historically triggered significant rallies. This zone acted as the springboard for the current monthly candle, which is showing strong bullish momentum with a price of 31.5 (+13.72%). On the weekly chart (right), a clear five-wave corrective sequence (0-5) appears to have completed within this yearly demand area. The price is currently challenging a descending trendline that has suppressed action since mid-2025. A breakout above this trendline would confirm a structural shift. As noted, the setup "Requires strong buying sentiment and a good reversal setup" to validate the move. If the reversal holds, the "Next Direction" targets are set at 39.8 and eventually the major psychological resistance at 51.0. Summary: Teejay Lanka PLC is at a critical turning point, having touched a major yearly demand zone. The completion of a corrective wave structure combined with a strong monthly bounce suggests a shift in trend. A confirmed breakout above the weekly trendline could propel the stock toward the primary target of 39.8 and secondary target of 51.0.