PSX · LEATHER & TANNERIES
LEUL Inverse Head & Shoulders forming — 30 Min chart signal
Leather Up Limited
30 Min 15 Oct 2026 · 10:30 PKT
Close
71.49
▲ 2.13%
Inverse Head & Shoulders forming
Chart pattern Against the trend
LEUL has completed an inverse head & shoulders on the 30-minute chart with the head at 58.51 and the neckline at 76.14.
The pattern is confirmed by a 30-minute close above 76.68. The measured move from the neckline points to 92.84 (+21.9%). A close beyond the head at 58.51 cancels it.
Structure: bearish external, bearish internal (strong high 81.99). Nearest demand OB 49.60 - 50.95, supply OB 76.01 - 78.75.