PSX · CEMENT
MLCF Inverse Head & Shoulders forming — 1 Hour chart signal
Maple Leaf Cement Factory Limited
1 Hour 15 Oct 2026 · 12:30 PKT
Close
91.15
▲ 0.43%
Inverse Head & Shoulders forming
Chart pattern Against the trend
MLCF has completed an inverse head & shoulders on the hourly chart with the head at 87.55 and the neckline at 95.19.
The pattern is confirmed by a hourly close above 95.33. The measured move from the neckline points to 99.92 (+5.0%). A close beyond the head at 87.55 cancels it.
Structure: bearish external, bullish internal (strong high 132.99). Nearest demand OB 88.25 - 88.94, supply OB 93.60 - 94.84.