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May 30, 2021 7:20 PM

Bullish Flag Pattern (Continuation Pattern) Long

TADAWUL:22221W
SAUDI ARABIAN OIL CO.Tadawul

Description

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After a strong vertical rise (pole) since March 2020 there is a period of consolidation (flag), so there is a high probability chance to break the upper line and continue the rise to reach 45$ levels within a year

Entry point : actual levels
TP : 45$
SL : 33$
Technical IndicatorsChart PatternsFlag
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