PTL LONG TRADE (SECOND STRIKE) 07-06-2025PANTHER TYRES LIMITEDPSX:PTLMushtaque77PTL LONG TRADE (SECOND STRIKE) After a severe downtrend till March 2023, PTL formed a huge inverted head and shoulder pattern, leading to a strong uptrend. The stock completed two impulse waves (Wave 1 and Wave 3) and then consolidated for a year (Dec 2023 - Dec 2024). Recently, it broke out of a corrective downward channel and formed a smaller inverted head and shoulder pattern, breaking out again. Currently, it is i a pullback after the recent breakout, and is expected to continue its uptrend. 🚨 TECHNICAL BUY CALL – PTL🚨 - Buy 1: PKR 41 (current price) - Buy 2: PKR 40.3 - Buy 3: PKR 39 - TP1: PKR 44.1 - TP2: PKR 46.9 - TP3: PKR 49.8 - TP4: PKR 52.2 - TP5: PKR 54 *Stop Loss:* Below PKR 34.4 *Risk-Reward Ratio:* 1:3.2 PLEASE BOOST AND SHARE THE IDEA IF YOU FIND IT HELPFUL.