TADAWUL_DLY:4072   MBC GROUP CO.
MBC GROUP

RSI oversold. SMA 10 days average is below 40 days.

Current target (white), support (red) and resistance (green) levels as shown in chart

I think it gonna continue to downtrend to be between 45 and 50 before we say a reversal

It's a HOLD

Good luck!

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.