PSX · CLOSE - END MUTUAL FUND
TSMF Bear Pennant forming — 30 Min chart signal
Tri-Star Mutual Fund Limited
30 Min 12 Oct 2026 · 11:30 PKT
Close
15.03
▼ 2.40%
Bear Pennant forming
Chart pattern Against the trend
TSMF is building a bear pennant after a 3.33 drop (5.5x ATR) on the 30-minute chart.
The flag channel runs between 15.05 and 15.59. A 30-minute close below 14.93 signals continuation towards 11.72; a close above 15.59 fails the pattern.
Structure: bullish external, bearish internal (strong low 13.72). Nearest demand OB 14.70 - 14.73, supply OB 17.90 - 19.00.