PSX · TEXTILE SPINNING
GADT Head & Shoulders forming — 1 Hour chart signal
Gadoon Textile Mills Limited
1 Hour 09 Oct 2026 · 11:30 PKT
Close
289.00
▼ 0.34%
Head & Shoulders forming
Chart pattern Against the trend
GADT has completed a head & shoulders on the hourly chart with the head at 322.00 and the neckline at 279.51.
The pattern is confirmed by a hourly close below 278.83. The measured move from the neckline points to 248.23 (-11.2%). A close beyond the head at 322.00 cancels it. Still active - first identified on 08 Oct 2026 12:30.
Structure: bullish external, bullish internal (strong low 265.10). Nearest demand OB 276.30 - 276.99, supply OB 323.00 - 325.10.