PSX · TEXTILE COMPOSITE
HAEL Bear Pennant forming — 30 Min chart signal
Hala Enterprises Limited
30 Min 09 Oct 2026 · 11:30 PKT
Close
25.25
▲ 1.00%
Bear Pennant forming
Chart pattern Against the trend
HAEL is building a bear pennant after a 5.14 drop (7.0x ATR) on the 30-minute chart.
The flag channel runs between 24.71 and 25.63. A 30-minute close below 24.56 signals continuation towards 19.57; a close above 25.63 fails the pattern. Still active - first identified on 09 Oct 2026 10:00.
Structure: bullish external, bearish internal (strong low 14.91). Nearest demand OB 22.80 - 22.98, supply OB 32.11 - 33.00.