4012| Thob Al Aseel Co
Broke out it's bluish flag
It gonna turn positive after breaking through 4.90 SR
Current price 4.68 SR
Short term targets 4.90-7.15 SR
7.15 is ATH and its strongest resistant level
The stock is forming cup and handle pattern and 7.15 SR is its the neckline
Breaking through 7.15 will open a new uptrend rally to full-fill the cup depth which about 130 % to 18 SR
Rest of details in analysis including SL
Good luck!
It gonna turn positive after breaking through 4.90 SR
Current price 4.68 SR
Short term targets 4.90-7.15 SR
7.15 is ATH and its strongest resistant level
The stock is forming cup and handle pattern and 7.15 SR is its the neckline
Breaking through 7.15 will open a new uptrend rally to full-fill the cup depth which about 130 % to 18 SR
Rest of details in analysis including SL
Good luck!
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