Mubarak Textile Mills Limited — Technical Analysis & Chart Patterns

Eight formations appear in MUBT's daily price history. A break of structure (bos) completed with a downward breakout on October 1, 2018; a market structure shift (mss) / choch completed with an upward breakout on October 29, 2018; a fair value gap (fvg), bullish completed with an upward breakout on October 29, 2018; a three falling peaks completed with a downward breakout on February 15, 2019; a head-and-shoulders top completed with a downward breakout on February 15, 2019; a Wyckoff distribution completed with a downward breakout on February 18, 2019; a fair value gap (fvg), bearish completed with a downward breakout on February 20, 2019; a marubozu, closing black printed a bearish signal on February 27, 2019.