PSX · MODARABAS
FEM Bull Flag forming — 30 Min chart signal
First Equity Modaraba
30 Min 09 Oct 2026 · 11:30 PKT
Close
12.17
▼ 0.16%
Bull Flag forming
Chart pattern With the trend
FEM is building a bull flag after a 2.75 rally (6.5x ATR) on the 30-minute chart.
The flag channel runs between 11.33 and 12.66. A 30-minute close above 12.75 signals continuation towards 15.41; a close below 11.33 fails the pattern. Still active - first identified on 09 Oct 2026 09:00.
Structure: bullish external, bullish internal (strong low 9.41). Nearest demand OB 9.09 - 9.30.