PSX · TECHNOLOGY & COMMUNICATION
SYS Head & Shoulders forming — 30 Min chart signal
Systems Limited
30 Min 16 Oct 2026 · 09:00 PKT
Close
115.45
▼ 0.47%
Head & Shoulders forming
Chart pattern With the trend
SYS has completed a head & shoulders on the 30-minute chart with the head at 118.98 and the neckline at 113.26.
The pattern is confirmed by a 30-minute close below 113.13. The measured move from the neckline points to 106.79 (-5.7%). A close beyond the head at 118.98 cancels it.
Structure: bearish external, bullish internal (strong high 124.00). Nearest demand OB 112.60 - 112.99, supply OB 119.60 - 120.10.