TRG Daily: Can the 49–52 Base Support a Recovery Toward 70?TRG Pakistan LimitedPSX_DLY:TRGAsif_Brain_WavesTRG Pakistan Limited (PSX:TRG) | Daily | 16 October 2026 Chart reference: 56.37. This is a dated chart study, not a live-price quotation. All levels are approximate. STRUCTURE The decline from the June high near 75 produced lower highs into the September low near 48–49. Price has rebounded into the mid-50s, but a confirmed broader reversal is still needed. The highlighted historical support zone is approximately 49–52. CONDITIONAL RECOVERY Holding the 49–52 base and establishing a higher low would keep a recovery scenario open. A completed Daily close above the recent 60 area, followed by acceptance above the August high around 63–63.5, would strengthen the case for a test of the marked resistance near 70. A sustained reclaim of 70 would then bring the June high near 75 into focus. Only further strength beyond that would make the older 79–82 area and liquidity around 84–85 relevant. These are sequential checkpoints, not promised targets. FAILURE / INVALIDATION Rejection below 60–63.5 can leave price rotating back toward 52 and the 49–48 support area. A Daily close below 48 followed by a failed reclaim would invalidate this recovery thesis and expose the prior 46–47 area, then the March low near 40–41. CHART CONTEXT The native chart is zoomed for candle readability. The distant 84–85 liquidity reference comes from the wider source chart and lies outside this close view. The public native chart uses price candles and saved drawings. Private indicators are omitted from this publication copy. The separate indicator snapshot below is static; its candle-shaped panels to the right are indicator displays, not future market candles. Indicator labels alone are not an entry confirmation. ABW indicator snapshot: Concept credit: TTrades, as credited on the supplied ABW chart. Analysis by ABW | Asif Brain Waves. No endorsement or affiliation is implied. Educational only. Not financial advice.