PSX · PHARMACEUTICALS
HINOON Descending Triangle forming — 30 Min chart signal
Highnoon Laboratories Limited
30 Min 15 Oct 2026 · 10:30 PKT
Close
925.00
▲ 0.54%
Descending Triangle forming
Chart pattern Against the trend
HINOON is compressing inside a descending triangle on the 30-minute chart - 5 swing points, 9.3x ATR wide at the start.
Upper line 933.19, lower line 910.43. The pattern favours a downside resolution: a 30-minute close above 934.73 confirms an upside breakout, a close below 908.89 a downside break.
Structure: bullish external, bearish internal (strong low 901.10). Nearest demand OB 834.01 - 840.00, supply OB 943.00 - 946.00.
More for HINOON
HINOON company page →Head & Shoulders breakdown
HINOON broke below its head & shoulders on the 30-minute close at 910.00.
13 Oct 2026 · 15:00 PKT Pattern breakout
Head & Shoulders breakdown
HINOON broke below its head & shoulders on the hourly close at 910.00.
13 Oct 2026 · 14:30 PKT Pattern breakout
Head & Shoulders forming
HINOON has completed a head & shoulders on the hourly chart with the head at 965.00 and the neckline at 913.99.
13 Oct 2026 · 14:30 PKT Chart pattern
Head & Shoulders forming
HINOON has completed a head & shoulders on the 30-minute chart with the head at 965.00 and the neckline at 913.87.
13 Oct 2026 · 14:00 PKT Chart pattern