PSX · TEXTILE COMPOSITE
QUET Head & Shoulders forming — 1 Hour chart signal
Quetta Textile Mills Limited
1 Hour 14 Oct 2026 · 09:30 PKT
Close
14.40
▼ 0.69%
Head & Shoulders forming
Chart pattern With the trend
QUET has completed a head & shoulders on the hourly chart with the head at 16.19 and the neckline at 13.39.
The pattern is confirmed by a hourly close below 13.34. The measured move from the neckline points to 11.14 (-16.8%). A close beyond the head at 16.19 cancels it.
Structure: bearish external, bearish internal (strong high 18.04). Nearest supply OB 19.27 - 19.97.