I am bullish on 4031, a company that provides ground handling services to airlines in Saudi Arabia. The stock is in a strong uptrend, as shown by the higher highs and higher lows on the daily chart.
- The stock has recently broken above a trend line resistance that was acting as a barrier since November 2023. It is also trading above the key moving averages of 50,...
There is key resistance area on SGS and harmonic pattern. Pattern isn't very good this time because the journey from C to D was very bouncy. Look for reversal and targets to hit B or break out up through resistance to target highs near 2000.
edit: You can choose lower X-point for the pattern and draw bearish butterfly with prz lining up with the same area.