7010 trade ideas
STC 7010 (Buy-Order)My concept revolves around the potential movement of STC in both upward and downward directions. I have also incorporated visual elements into the chart to illustrate how this concept is intended to unfold. Furthermore, I have outlined strategies for determining when to increase take-profit levels or cut losses. Of course, if you wish to explore smaller time frames, you will find plenty of other trading opportunities; however, I won't delve into them. Additionally, there's a possibility that I might add an update regarding STC between November and December this year in case STC has a change of heart.
BUY 7010Dear Saudi traders, as you can notice on the 7010 (SAUDI TELECOM) chart, the price just broke the HH of this month with a high volume, that means in our trading system to buy the stock for the day trade. You can BUY 7010 Sunday.
Please let me know the markets you want me to analyze in the comment section!
7010 | SAUDI TELECOM CO | 1DIts in downtrend, making lower highs and lower lows. From 2 days bulls are trying to push price upwards but closing at same level. Bullish divergence in sync with chart.
# Bearish Indicators
- Downtrend LH & LL
# Bullish Indicators
- Inverted Hammer candle
- Near Trendline support
- Bullish Divergence
# Trade Plan
👉 Entry: 35.65
💰 TP: 37.17
🚫 SL: 34.88