PSX · SYNTHETIC & RAYON
IMAGE Inverse Head & Shoulders forming — Daily chart signal
Image Pakistan Limited
Daily 08 Oct 2026
Close
22.81
▲ 0.93%
Inverse Head & Shoulders forming
Chart pattern With the trend
IMAGE has completed an inverse head & shoulders on the daily chart with the head at 19.00 and the neckline at 28.50.
The pattern is confirmed by a daily close above 28.65. The measured move from the neckline points to 37.24 (+30.7%). A close beyond the head at 19.00 cancels it. Still active - first identified on 30 Jul 2026.
Structure: bullish external, bullish internal (strong low 11.36). Nearest demand OB 14.85 - 15.80.