PSX · AUTOMOBILE ASSEMBLER
HINO Inverse Head & Shoulders forming — 30 Min chart signal
Hinopak Motors Limited
30 Min 16 Oct 2026 · 15:00 PKT
Close
307.00
▲ 1.15%
Inverse Head & Shoulders forming
Chart pattern Against the trend
HINO has completed an inverse head & shoulders on the 30-minute chart with the head at 285.10 and the neckline at 312.80.
The pattern is confirmed by a 30-minute close above 313.32. The measured move from the neckline points to 340.66 (+8.9%). A close beyond the head at 285.10 cancels it.
Structure: bearish external, bullish internal (strong high 464.00). Nearest supply OB 339.95 - 345.00.