PSX · ENGINEERING
PECO Head & Shoulders breakdown — Daily chart signal
Pakistan Engineering Company Limited
Daily 02 Oct 2026
Close
609.00
▼ 1.74%
Head & Shoulders breakdown
Pattern breakout Against the trend
PECO broke below its head & shoulders on the daily close at 609.00.
Projected target 186.53 (-69.4%). The pattern is invalidated beyond 780.00 (+28.1%), a reward-to-risk of about 2.5 : 1.
Structure: bullish external, bullish internal (strong low 201.00). Nearest demand OB 385.00 - 447.00.