PSX · PHARMACEUTICALS
HALEON Descending Triangle breakout — 1 Hour chart signal
Haleon Pakistan Limited
1 Hour 16 Oct 2026 · 15:30 PKT
Close
698.00
▲ 2.89%
Descending Triangle breakout
Pattern breakout Against the trend
HALEON broke above its descending triangle on the hourly close at 698.00.
Projected target 738.20 (+5.8%). The pattern is invalidated beyond 676.00 (-3.2%), a reward-to-risk of about 1.8 : 1. A close back inside the pattern within 12 candles is treated as a fake-out.
Structure: bearish external, bullish internal (strong high 699.00). Nearest demand OB 657.00 - 665.00, supply OB 784.50 - 785.50.
More for HALEON
HALEON company page →Descending Triangle forming
HALEON is compressing inside a descending triangle on the hourly chart - 5 swing points, 14.3x ATR wide at the start.
16 Oct 2026 · 15:30 PKT Chart pattern
Head & Shoulders forming
HALEON has completed a head & shoulders on the hourly chart with the head at 735.00 and the neckline at 674.00.
15 Oct 2026 · 13:30 PKT Chart pattern
Head & Shoulders forming
HALEON has completed a head & shoulders on the 30-minute chart with the head at 735.00 and the neckline at 673.00.
15 Oct 2026 · 10:00 PKT Chart pattern