PSX · CEMENT
GWLC Head & Shoulders breakdown — Daily chart signal
Gharibwal Cement Limited
Daily 14 Oct 2026
Close
44.27
▼ 1.99%
Head & Shoulders breakdown
Pattern breakout Against the trend
GWLC broke below its head & shoulders on the daily close at 44.27.
Projected target 32.08 (-27.5%). The pattern is invalidated beyond 56.00 (+26.5%), a reward-to-risk of about 1.0 : 1.
Structure: bullish external, bullish internal (strong low 32.00). Nearest demand OB 38.75 - 41.94, supply OB 60.15 - 61.96.
More for GWLC
GWLC company page →Bear Flag breakdown
GWLC broke below its bear flag on the 30-minute close at 44.90.
13 Oct 2026 · 10:00 PKT Pattern breakout
Bear Flag forming
GWLC is building a bear flag after a 2.83 drop (6.9x ATR) on the 30-minute chart.
13 Oct 2026 · 10:00 PKT Chart pattern
Bearish break of structure
GWLC closed below the external swing low at 45.60 from 06 Oct 09:30 - the bearish trend continues.
12 Oct 2026 · 12:00 PKT Market structure · BOS
Head & Shoulders forming
GWLC has completed a head & shoulders on the daily chart with the head at 58.22 and the neckline at 45.23.
08 Oct 2026 Chart pattern