PSX · TECHNOLOGY & COMMUNICATION
TELE Head & Shoulders forming — 1 Hour chart signal
Telecard Limited
1 Hour 09 Oct 2026 · 11:30 PKT
Close
7.24
▲ 1.26%
Head & Shoulders forming
Chart pattern With the trend
TELE has completed a head & shoulders on the hourly chart with the head at 8.65 and the neckline at 6.46.
The pattern is confirmed by a hourly close below 6.44. The measured move from the neckline points to 5.44 (-15.8%). A close beyond the head at 8.65 cancels it. Still active - first identified on 24 Sep 2026 10:30.
Structure: bearish external, bearish internal (strong high 13.57). Nearest demand OB 6.25 - 6.44, supply OB 7.80 - 7.95.