SABIC AGRI-NUTRIENTS COBreaking the drawn white line allows the price to reach levels above 103.90. Nevertheless, you should pay attention as the price approaches this line and the RSI indicator is saturated.
2020 trade ideas
Wait ! Currently, no Take decision is made to buy or sell
In case the green line to be crossed ,I Advaise you to buy
In case of crossed the red line, I Advise you to sell
I Recommend SELLING Technical indicators(candle , volume up , Point de rupture....) indicate a decline in the market in the coming days
SAFCO 2020 SAFCO has both strong technical and fundamental future.
The technical analysis is shown on the chart above.
The fundamental analysis is solid.
The intrinsic value based on discounted free cash flow = above $ 115 SAR
My own calculation of intrinsic value = $118 SAR
Other analysts average SAFCO stock value = $ 77 SAR
The summary of technical analysis and fundamental analysis is indicating STRONG BUY.
Have a good day.
