Saudi Basic Industries is ''not to buy''

TADAWUL:201060

SAUDI BASIC INDUSTRIES CORP.Tadawul

Description

⋅ Apr 30, 2020 2:00 PM

There's a strong resistance ahead( Levels 74.40 and 75.97. Therefore, a strong bearish movement is expected that will reflect the potential final wave C.
The trigger will be a strong rejection on top. hence, going back to 72 or 71.4.