PSX · CEMENT
MLCF Head & Shoulders forming — 1 Hour chart signal
Maple Leaf Cement Factory Limited
1 Hour 16 Oct 2026 · 08:30 PKT
Close
89.73
▼ 0.77%
Head & Shoulders forming
Chart pattern With the trend
MLCF has completed a head & shoulders on the hourly chart with the head at 93.25 and the neckline at 89.46.
The pattern is confirmed by a hourly close below 89.32. The measured move from the neckline points to 84.36 (-5.7%). A close beyond the head at 93.25 cancels it.
Structure: bearish external, bullish internal (strong high 132.99). Nearest demand OB 88.25 - 88.94, supply OB 93.60 - 94.84.
More for MLCF
MLCF company page →Inverse Head & Shoulders forming
MLCF has completed an inverse head & shoulders on the hourly chart with the head at 87.55 and the neckline at 95.19.
15 Oct 2026 · 12:30 PKT Chart pattern
Inverse Head & Shoulders forming
MLCF has completed an inverse head & shoulders on the 30-minute chart with the head at 87.55 and the neckline at 94.22.
13 Oct 2026 · 09:30 PKT Chart pattern