PSX · INSURANCE
JLICL Bear Pennant forming — 1 Hour chart signal
Jubilee Life Insurance Company Limited
1 Hour 09 Oct 2026 · 11:30 PKT
Close
104.96
▲ 0.00%
Bear Pennant forming
Chart pattern With the trend
JLICL is building a bear pennant after a 4.95 drop (5.4x ATR) on the hourly chart.
The flag channel runs between 103.01 and 105.19. A hourly close below 102.83 signals continuation towards 98.06; a close above 105.19 fails the pattern. Still active - first identified on 09 Oct 2026 09:30.
Structure: bearish external, bearish internal (strong high 186.67). Nearest supply OB 106.55 - 107.95.