Burjeel has spent 3 days already at the current level its just taking a pause before it make a big move to the upside. Get ready for this one, if tomorrow it opens with a gap up there are good chances it will break the resistance of 2.90 and touch 3.00 very soon.
On the other side if we see a gap down opening then it can come down to retest 2.80 area and we wait for buying opportunities in that area. Hopefully we see the first scenario happening. All the best.
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.