The stock has shown an aggressive selling recently, and could continue to be bearish. However, it could be risky, but I believe a reversal wave is close. Targets as shown in chart. Warning: risk level is high.
I recommend Saudi traders to follow the stock.
I recommend Saudi traders to follow the stock.
Trade active
Moving as planned. Watch out for the coming resistance as explained in the chart.Trade active
Resistance is closeTrade active
The stock hit the resistance and now on a temporarily corrective wave 4 to gain momentum. I would take profit for now. Trade active
Hit the previous Supply zone Aug 18Note
A Top H&S is on progress. Be cautious!Trade closed: target reached
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Disclaimer
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.