PSX · CABLE & ELECTRICAL GOODS
WAVESAPP Inverse Head & Shoulders forming — 30 Min chart signal
Waves Home Appliances Limited
30 Min 13 Oct 2026 · 09:30 PKT
Close
7.80
▲ 0.13%
Inverse Head & Shoulders forming
Chart pattern Against the trend
WAVESAPP has completed an inverse head & shoulders on the 30-minute chart with the head at 7.06 and the neckline at 8.29.
The pattern is confirmed by a 30-minute close above 8.32. The measured move from the neckline points to 9.36 (+12.9%). A close beyond the head at 7.06 cancels it.
Structure: bearish external, bullish internal (strong high 10.54). Nearest demand OB 7.08 - 7.28, supply OB 9.33 - 9.46.