PSX · CHEMICAL
ICL Bull Pennant forming — 1 Hour chart signal
Ittehad Chemicals Limted
1 Hour 09 Oct 2026 · 11:30 PKT
Close
131.00
▼ 0.36%
Bull Pennant forming
Chart pattern With the trend
ICL is building a bull pennant after a 6.99 rally (5.3x ATR) on the hourly chart.
The flag channel runs between 130.35 and 131.81. A hourly close above 132.07 signals continuation towards 138.80; a close below 130.35 fails the pattern. Still active - first identified on 09 Oct 2026 08:30.
Structure: bullish external, bullish internal (strong low 110.03). Nearest demand OB 126.00 - 126.50, supply OB 151.50 - 152.55.