PSX · TEXTILE SPINNING
CCM Bearish change of character — 1 Hour chart signal
Crescent Cotton Mills Limited
1 Hour 09 Oct 2026 · 15:30 PKT
Close
39.00
▼ 6.70%
Bearish change of character
Market structure · CHoCH
CCM closed below the external strong low at 39.01 - the external trend turns bearish.
The hourly close at 39.00 confirms it. The new external CHoCH level (strong high) is 64.96: a close beyond it would change the character back.
Structure: bearish external, bearish internal (strong high 64.96). Nearest supply OB 40.00 - 43.00.
More for CCM
CCM company page →Bearish change of character
CCM closed below the external strong low at 39.01 - the external trend turns bearish.
09 Oct 2026 · 16:00 PKT Market structure · CHoCH
Head & Shoulders breakdown
CCM broke below its head & shoulders on the daily close at 39.48.
09 Oct 2026 Pattern breakout
Head & Shoulders forming
CCM has completed a head & shoulders on the daily chart with the head at 64.96 and the neckline at 40.14.
08 Oct 2026 Chart pattern