PSX · TEXTILE COMPOSITE
QUET Head & Shoulders forming — 30 Min chart signal
Quetta Textile Mills Limited
30 Min 13 Oct 2026 · 10:30 PKT
Close
14.50
▲ 0.00%
Head & Shoulders forming
Chart pattern With the trend
QUET has completed a head & shoulders on the 30-minute chart with the head at 16.19 and the neckline at 13.47.
The pattern is confirmed by a 30-minute close below 13.43. The measured move from the neckline points to 11.25 (-16.5%). A close beyond the head at 16.19 cancels it.
Structure: bearish external, bullish internal (strong high 16.19). Nearest demand OB 14.12 - 14.30, supply OB 15.77 - 15.84.