TradingView
DrSaud1
Dec 3, 2023 2:03 PM

Southern cement company  Long

SOUTHERN PROVINCE CEMENT CO.Tadawul

Description

The company is currently exhibiting strong upward trend momentum, characterized by a consistent pattern of higher highs and higher lows. In light of this, I recommend setting your stop loss at the level of the last bottom to safeguard against potential downturns.

Target levels for taking profits are clearly delineated on the chart for reference. Personally, I have already secured my initial investment volume and am planning to progressively average up, capitalizing on the ongoing positive trend.
This strategy aims to balance risk management with the opportunity for growth as the upward trajectory continues.

Dr Saud

Trade active

More