OTSU: Two Bullish Patterns + Hidden Divergence! 800 in Sight?

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OTSU: Two Bullish Patterns + Hidden Divergence! 800 in Sight?Otsuka Pakistan LimitedPSX:OTSUHouse-of-Technicals# OTSU – Technical Analysis **Closing Price: 429.32 | 04 November 2026** The chart is displaying two promising formations: a **Cup & Handle** and an **Ascending Triangle**. Both patterns point towards potential trend continuation. Adding further strength to the setup, a **Hidden Bullish Divergence** is also visible, supporting the possibility of an ongoing uptrend. The immediate resistance zone lies around **440–450**. A breakout above this range, followed by sustained price action, could open the way towards: - **725–730** – Ascending Triangle projected target. - **800–810** – Cup & Handle projected target. On the downside, **358** is an important level to monitor. A decisive break below this level could invite further selling pressure, potentially dragging the price towards **300–310**. **Overall View:** The broader chart structure looks promising, with multiple bullish formations supporting the continuation thesis. However, a sustained breakout above 440–450 is essential for the projected upside targets to come into focus. Until then, confirmation remains key.