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snour
Dec 25, 2023 12:28 AM

SABIC (2010) will target 102 after crossing resistance Long

SAUDI BASIC INDUSTRIES CORP.Tadawul

Description

Daily chart, SABIC (2010) stock is trading in an ascending channel for a year.

Now, it is showing positive signals for upwards movement to test the resistance line (BLUE). After crossing (around 86.3), the target will be 96, then 102

Positively, the technical indicator MACD crossed the zero line up.

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