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Umair88

2082: ACWA POWER LONG POSITION

Long
ACWA POWER CO. (TADAWUL_DLY:2082)  
Umair88 Updated   
TADAWUL_DLY:2082   ACWA POWER CO.
Chart Patterns Harmonic Patterns Trend Analysis
3
0
chartpattern harmonicpatterns trendanalysis
2082:ACWA POWER seems to have potential for a long position according to ABCD Pattern BUT once price crosses 'B' level i.e. 493.4
Buy @ 493.4
SL @ 456.2; TP @ 567.8
Risk/Reward: 1:2

Good Luck!!
Comment:
Price has not crossed 'B' level of 493.4
The stock has reversed making a double top.
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