PSX · INV. BANKS / INV. COS. / SECURITIES COS.
MCBIM Bull Flag forming — 1 Hour chart signal
MCB Investment Management Limited.
1 Hour 13 Oct 2026 · 09:30 PKT
Close
153.98
▲ 1.30%
Bull Flag forming
Chart pattern Against the trend
MCBIM is building a bull flag after a 14.20 rally (9.3x ATR) on the hourly chart.
The flag channel runs between 151.90 and 155.28. A hourly close above 155.58 signals continuation towards 169.48; a close below 151.90 fails the pattern.
Structure: bearish external, bearish internal (strong high 168.85). Nearest supply OB 225.02 - 231.00.