As we see the price changed for long trend line after the second entry pattern we make sure about the long trend line. Now we have ascending triangle pattern, may the price breakthrough until profit area. In worst case if the price breakdown the triangle, it gonna see at short trend triangle profit area as falling wave for long trend, after that the price complete the long trend line.
@Hashim_Alsharif pls Also suggest share price for 1201 Takween and 2200 Arabian pipe 🙏
Hashim_Alsharif
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@waseemshafi85, Hi sir, Inshallah I'll be post my analysis when the market end form the correction. about the 1201 we can't say the correction end until the price breakthrough the 19 SAR area. I still watching it, But look to my analysis the price still in the down trend channel, maybe the recorrection for new up trend channel finish when the price doesn't breakdown the new channel s3.tradingview.com/snapshots/t/tGrEt4Ig.png
waseemshafi85
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@Hashim_Alsharif, Many Thanks sir for your Expert Opinion.. Can you please Share your Analysis / Thoughts on 2200 (APC) & 4070 (TAPRCO - TIHAMA). All these are in big loss in my portfolio.. Can you please suggest any good Company where i can invest and recover some portion of my Loss.