PSX · AUTOMOBILE PARTS & ACCESSORIES
TBL Inverse Head & Shoulders forming — 30 Min chart signal
Treet Battery Limited.
30 Min 09 Oct 2026 · 11:30 PKT
Close
9.40
▲ 0.54%
Inverse Head & Shoulders forming
Chart pattern Against the trend
TBL has completed an inverse head & shoulders on the 30-minute chart with the head at 8.50 and the neckline at 9.43.
The pattern is confirmed by a 30-minute close above 9.46. The measured move from the neckline points to 10.38 (+10.1%). A close beyond the head at 8.50 cancels it. Still active - first identified on 09 Oct 2026 10:00.
Structure: bearish external, bullish internal (strong high 9.50). Nearest demand OB 8.70 - 8.85, supply OB 9.95 - 10.00.