PSX · MODARABAS
FIBLM Inverse Head & Shoulders forming — 1 Hour chart signal
First IBL Modaraba
1 Hour 09 Oct 2026 · 11:30 PKT
Close
15.72
▼ 0.25%
Inverse Head & Shoulders forming
Chart pattern With the trend
FIBLM has completed an inverse head & shoulders on the hourly chart with the head at 13.52 and the neckline at 16.23.
The pattern is confirmed by a hourly close above 16.32. The measured move from the neckline points to 19.06 (+17.4%). A close beyond the head at 13.52 cancels it. Still active - first identified on 08 Oct 2026 09:30.
Structure: bullish external, bullish internal (strong low 9.12). Nearest demand OB 12.00 - 12.60, supply OB 18.86 - 19.10.
More for FIBLM
FIBLM company page →Ascending Triangle forming
FIBLM is compressing inside an ascending triangle on the hourly chart - 5 swing points, 6.2x ATR wide at the start.
14 Oct 2026 · 09:30 PKT Chart pattern
Inverse Head & Shoulders forming
FIBLM has completed an inverse head & shoulders on the 30-minute chart with the head at 13.52 and the neckline at 16.23.
09 Oct 2026 · 11:30 PKT Chart pattern