As it can be observed from the chart
1- The stock had a clean breakout from a downtrend line formed since 2023 high.
2- The stock retested the trend line after the breakout during the Trump tariff announcement and the stock gained all the loses which is a sign of accumulation in the stock.
3- The stock Just reclaimed 2023 lows with high volume after fake...
As you can see from the chart the historical trenline from the year 2000, recently the trendline have been tested when the index dropped to 9600.
I'm observing the following :
1- Alot of people calling for 8000 (2020 bottom).
2- Monthly RSI in oversold territory.
3- Alot of Qatari stocks is trading at lowest historic prices.
Usuallly the following occurs...
