PSX · REFINERY
PRL Bull Pennant forming — 30 Min chart signal
Pakistan Refinery Limited
30 Min 16 Oct 2026 · 09:30 PKT
Close
105.12
▲ 0.98%
Bull Pennant forming
Chart pattern Against the trend
PRL is building a bull pennant after a 11.65 rally (8.2x ATR) on the 30-minute chart.
The flag channel runs between 103.29 and 104.98. A 30-minute close above 105.26 signals continuation towards 116.63; a close below 103.29 fails the pattern.
Structure: bearish external, bullish internal (strong high 108.80). Nearest demand OB 102.75 - 104.55.
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