Skip to content
Smart Money

PSX · TEXTILE SPINNING

GUSM Head & Shoulders forming — 1 Hour chart signal

Gulistan Spinning Mills Limited

1 Hour 09 Oct 2026 · 10:30 PKT

Close

8.83

▲ 7.68%

▼ Bearish

Head & Shoulders forming

Chart pattern Against the trend

GUSM Head & Shoulders forming on the 1 hour chart, 09 Oct 2026 · 10:30 PKT — PSX pattern signal by Smart Money
SMC Structure · Order Blocks · FVG · Pattern Detector 1 Hour candles
Share X Facebook WhatsApp

GUSM has completed a head & shoulders on the hourly chart with the head at 11.84 and the neckline at 7.82.

The pattern is confirmed by a hourly close below 7.77. The measured move from the neckline points to 4.48 (-42.8%). A close beyond the head at 11.84 cancels it. Still active - first identified on 28 Sep 2026 14:30.

Structure: bullish external, bullish internal (strong low 7.76). Nearest demand OB 7.76 - 7.78.

Analysis by

Smart Money

smartmoney.pk · @smartmoneypk

Technical analysis for education only — not investment advice. Patterns can fail; manage your own risk.

More for GUSM

GUSM company page →

← All pattern signals