morjmorj7

The analyse of Aramco

Long
TADAWUL:2222   SAUDI ARABIAN OIL CO.
Aramco was in a down trend, then a massive candle with an importante volume broke this down trend, then it return to the down trend line for testing as we see in the chart (first pull back) then he retested the trend line (second pull back) then it's resumming the up trend.
All of that indicate to buy Aramco or to keep it in portfolio.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.