PSX · TEXTILE COMPOSITE
FASM Head & Shoulders breakdown — 30 Min chart signal
Faisal Spinning Mills Limited
30 Min 16 Oct 2026 · 15:30 PKT
Close
290.01
▼ 6.45%
Head & Shoulders breakdown
Pattern breakout Against the trend
FASM broke below its head & shoulders on the 30-minute close at 290.01.
Projected target 231.42 (-20.2%). The pattern is invalidated beyond 342.90 (+18.2%), a reward-to-risk of about 1.1 : 1.
Structure: bullish external, bearish internal (strong low 240.02). Nearest supply OB 310.00 - 327.00.
More for FASM
FASM company page →Head & Shoulders forming
FASM has completed a head & shoulders on the 30-minute chart with the head at 368.00 and the neckline at 297.09.
15 Oct 2026 · 10:00 PKT Chart pattern
Head & Shoulders forming
FASM has completed a head & shoulders on the daily chart with the head at 425.00 and the neckline at 294.39.
08 Oct 2026 Chart pattern