LUCKY Cement is trying to break the Descending Triangle

LUCK Cement is trying to break the Descending Triangle and lets wait for and Lucky Cement Consortium has been named as one of the four pre-qualified bidders in the second attempt at privatizing Pakistan International Airlines (PIA). While this is a diversification/acquisition effort outside of cement, the successful acquisition of a major national asset, or even continued progress in the bidding process, would be seen as a sign of the group's financial strength and ambition, which can reflect positively on the stock.