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snour

Alamar Foods (6014) is waiting a rebound

ALAMAR FOODS CO. (TADAWUL_DLY:6014)  
snour  
TADAWUL_DLY:6014   ALAMAR FOODS CO.
Chart Patterns alamar tadawul
4
0
chartpattern alamar tadawul
Daily chart, the stock was trading in a descending wedge, broke down, and the target is 73.
However, it seems there is a tendency to re-test the previous trough at 88.6 and rebound from it.
Above the red line (103 - 104), the next target will be 121 (the blue resistance line)
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