saoudi basic industries holders be awarehello
first as you see on my chart resepects its evolution according to the figure so:
- if it breaks the suuport line around 65.8 it will reach 59.4 then maye be pulback toward its broken support then continue its free fall until 38.6 or more.
- otherwise it will rebond on its support and buyers can hold their stocks wishing higher levels
Remember that this support is a critical level so pay attention
NB:the horizontal blue line presents a historical level that retraces history of this stock
Keep in mind that i am not having a cristal ball predicting future but i try to be more efficient and rationnal
Saoudistocks
4190 has more chance to fallhello
if it breaks 180 strongly you should be seller otherwise it will follow the uptrend of its corridor and go up
so 2 scenareos are possible and it is up to you to follow just the willing of the market,
remember that we dont have cristall ball predecting markkets future but we try to be more efficient and more rational in our trading.
goodluck