Adnoc distribution is holding up well right at the support zone and I think its ready for a new leg to the upside. It has established its base at 3.70 and now its gearing up for the move. Overall this stock is still in a downtrend BUT its trying hard for the reversal. If at all we can see a closing above 3.90 then we can say that now price is in bulls territory....
This stock is starting a fresh trend, its always better to catch a trend right from the bottom. This is exactly what we are seeing. I think its ready to go higher from here. Catch it!!
Hit like & follow guys ;)
