PSX · TEXTILE COMPOSITE
JUBS Head & Shoulders forming — 30 Min chart signal
Jubilee Spinning & Weaving Mills Ltd.
30 Min 09 Oct 2026 · 10:00 PKT
Close
50.00
▲ 4.12%
Head & Shoulders forming
Chart pattern Against the trend
JUBS has completed a head & shoulders on the 30-minute chart with the head at 59.75 and the neckline at 45.16.
The pattern is confirmed by a 30-minute close below 44.56. The measured move from the neckline points to 28.83 (-36.2%). A close beyond the head at 59.75 cancels it. Still active - first identified on 06 Oct 2026 13:00.
Structure: bullish external, bearish internal (strong low 28.00). Nearest demand OB 31.55 - 33.95, supply OB 56.00 - 56.50.