AGTL Weekly Chart Analysis (PSX: AGTL)🟢 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.
🔁 Repeating 6-Week Pattern
First Zone: October 2023 — 6-week base → breakout rally.
Second Zone: July 2024 — again 6-week accumulation → bullish trend resumes.
Current Zone: May 2025 — 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.
🔮 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.
📌 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 → rally pattern again:
Short-term target: ~670 PKR (87%)
Extended bull case: ~1030 PKR (188%)
📈 Conclusion
AGTL is showing strong technical consistency:
Each touch of the trendline has led to a 6-week accumulation followed by a bullish breakout.
