AGTL Weekly Chart Analysis (PSX: AGTL)

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AGTL Weekly Chart Analysis (PSX: AGTL)AL-GHAZI TRACTORS LTDPSX_DLY:AGTLByteSignals๐ŸŸข Consistent Bullish Reaction from Trendline Support Trendline Support: Price is respecting a strong ascending trendline that has been tested multiple times since 2023. Key Observation: Each time price touches the trendline, it consolidates for exactly 6 weeks. After this 6-week consolidation, AGTL typically enters a strong bullish rally. ๐Ÿ” Repeating 6-Week Pattern First Zone: October 2023 โ€” 6-week base โ†’ breakout rally. Second Zone: July 2024 โ€” again 6-week accumulation โ†’ bullish trend resumes. Current Zone: May 2025 โ€” AGTL touched the trendline again and has completed another 6-week base. This is the third time this exact behavior is repeating, indicating a strong fractal pattern and high probability of a new uptrend starting soon.๐Ÿ”ฎ Bullish Outlook If history repeats, AGTL is likely to start rallying soon, potentially leading to a new swing high over the coming weeks/months. The 6-week cycle provides a time-based edge to anticipate movement rather than reacting late. ๐Ÿ“Œ Possible Price Projections for Bullish Trend These are historically grounded targets based on actual previous price movements following similar trendline+consolidation patterns. If AGTL follows the same 6-week base โ†’ rally pattern again: Short-term target: ~670 PKR (87%) Extended bull case: ~1030 PKR (188%) ๐Ÿ“ˆ Conclusion AGTL is showing strong technical consistency: Each touch of the trendline has led to a 6-week accumulation followed by a bullish breakout.