TASI-2350: SAUDI KAYAN PETROCHEMICAL COMPANYShot-term Bullish Retracement for TASI-2350: Saudi Kayan Petrochemical Company
Buy-1 at 6.92 and Buy-2 at 6.87 with Stop Loss at 6.82
TP-1 = 6.98, TP-2 = 7.02
Kayan
Saudi Kayan, to target 14 and 16Saudi Kayan (2350), on the daily chart, I see a forming pattern, going up on a zigzag until 14, then some correction and next target is 16
Quick tradings can be done buy at support / sell at resistance, and so on until reaching the target.
The technical indicators RSI and MACD are supporting this view.
Stop loss at 10.7 should be considered.
