Nothing interesting For now adnoc drilling is not looking good to buy. For it to turn bullish it has to cross 2 resistance areas to be in bulls territory. For now we can ignore this.
Adnocdrilling
ADNOCDRILL Parabolic MovementThis is a parabolic movement in progress
Series of HH and HL are being formed.
With tight SL the move can be ridden.
3.68 was the last strong support . The new resistance can be 3.91 to 3.90 range
Higher HighVery good move after the breakout its still continuing it move to the upside. Very bullish!!
Hit like & follow guys;)
Not ConfidentI was expecting atleast 50% recovery of the red candle that it made in Mondays session, for now i am not confident with this move.
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Very Tricky Surprisingly whole market was red today and adnocdrill was punished harder. Its at a very critical stage for now i think it should open with a small gap up opening tomorrow if it all it have to survive at current levels else south is the way!!
Hit like & follow guys ;)
At very good level & ready to take offIt have spent so many days and now its gearing up for a big move. Ride the trend!!
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Good fore a rideIts been at the support level for so many days now, with last candle giving us signals to buy i think coming week should see more upside momentum. Overall still bullish!!
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Good To GO!!!Its still bullish the trend is intact, right at the support we are seeing bullish candle indicating buyers are not activated. More upside is coming join the ride!!
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