PSX · PHARMACEUTICALS
IBLHL Head & Shoulders forming — Daily chart signal
IBL HealthCare Limited
Daily 08 Oct 2026
Close
41.00
▼ 1.23%
Head & Shoulders forming
Chart pattern With the trend
IBLHL has completed a head & shoulders on the daily chart with the head at 60.40 and the neckline at 39.24.
The pattern is confirmed by a daily close below 38.90. The measured move from the neckline points to 21.03 (-46.4%). A close beyond the head at 60.40 cancels it. Still active - first identified on 24 Sep 2026.
Structure: bearish external, bearish internal (strong high 85.82). Nearest demand OB 22.63 - 23.30, supply OB 64.25 - 70.21.