AbNamjoshi

Chart of the week Acwa Power. Tadawul Index

Long
TADAWUL:2082   ACWA POWER CO.
This stock came to my attention somewhere in April 22. Since then I was waiting for this stock to break high made on 3 April 22. 2 weeks before the stock gave closing above 189 then came down to test the support and last week again gave breakout. Now the stock looks like to give up move once again. The targets as per Fibonacci are as follows

CMP - 193 (26/8/23)
T - 226, 287 W
SL - 175 W
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