PSX · PHARMACEUTICALS
HINOON Descending Triangle breakout — 30 Min chart signal
Highnoon Laboratories Limited
30 Min 15 Oct 2026 · 13:30 PKT
Close
933.74
▲ 1.05%
Descending Triangle breakout
Pattern breakout With the trend
HINOON broke above its descending triangle on the 30-minute close at 933.74.
Projected target 970.02 (+3.9%). The pattern is invalidated beyond 910.00 (-2.5%), a reward-to-risk of about 1.5 : 1. A close back inside the pattern within 12 candles is treated as a fake-out.
Structure: bullish external, bearish internal (strong low 901.10). Nearest demand OB 834.01 - 840.00, supply OB 943.00 - 946.00.
More for HINOON
HINOON company page →Descending Triangle forming
HINOON is compressing inside a descending triangle on the 30-minute chart - 5 swing points, 9.3x ATR wide at the start.
15 Oct 2026 · 10:30 PKT Chart pattern
Head & Shoulders breakdown
HINOON broke below its head & shoulders on the 30-minute close at 910.00.
13 Oct 2026 · 15:00 PKT Pattern breakout
Head & Shoulders breakdown
HINOON broke below its head & shoulders on the hourly close at 910.00.
13 Oct 2026 · 14:30 PKT Pattern breakout
Head & Shoulders forming
HINOON has completed a head & shoulders on the hourly chart with the head at 965.00 and the neckline at 913.99.
13 Oct 2026 · 14:30 PKT Chart pattern