The power and water company for jubail & yanbu (2083)
178
The power and water company for jubail & yanbu (2083)
Trendlines can create a sense of support or resistance for traders. When the price reaches a trendline, traders may be more likely to buy or sell, depending on the direction of the trend. This can create a self-fulfilling prophecy, where the price actually does follow the trendline. The price may break through a trendline, which could signal a change in trend.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.