PSX · OIL & GAS MARKETING COMPANIES · 30 Min
SSGC Bull Pennant forming
Sui Southern Gas Company Limited · 11 Nov 2026 · 10:00 PKT
▲ Bullish Forming Chart pattern With the trend
Lines to watch
Awaiting breakout- Close
- 23.83
- ▼ 0.54%
- Upper line
- 23.98
- +0.6%
- Lower line
- 23.64
- -0.8%
- ATR
- 0.27
- Target
- Invalidation
- Pattern lines
- Fair value gap (bull / bear)
- Order block
- Strong / weak high and low
- BOS · CHoCHstructure breaks
SMC Structure · Order Blocks · FVG · Pattern Detector 30 Min candles · click to enlarge
The breakdown
SSGC is building a bull pennant after a 1.70 rally (6.4x ATR) on the 30-minute chart.
The flag channel runs between 23.64 and 23.98. A 30-minute close above 24.03 signals continuation towards 25.68; a close below 23.64 fails the pattern.
Structure: bullish external, bullish internal (strong low 22.06). Nearest supply OB 25.90 - 26.20.
How to read this signal
- 1 Not triggered yet: the pattern is still forming on the 30 min chart.
- 2 A 30 min close above 23.98 (+0.6%) would be an upside breakout.
- 3 A 30 min close below 23.64 (-0.8%) would be a downside breakout.
- 4 Until one of the lines breaks, there is no target or invalidation level.
Pattern guide
About the bull pennant
A bull pennant is a sharp rise followed by a small symmetrical triangle; a break above it usually continues the rise.
- Confirmation
- A close above the pennant.
- Target
- The length of the pole, projected up from the breakout.
- Fails if
- A close below the pennant.