(1020) ALJAZIRA BANK Promising

Updated

has just entered a decisive area (green area) .
I recommend to wait for a break of that area , that would be a high probability buy signal targeting the 1st target area .
There is a good potential to reach the second target area too if we do close above the 1st target area .
Right now the bullish momentum is slowing down a little so it is possible price returns to around the (22.8) level before breaking above the green area .
If price fails to break above the green area , then a return to the black area would be possible , and would represent a potential buy area.

Note

Here is what it looks like on the daily chart :

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