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Ghitha is trading sideways, then targets 63 after crossing up

Long
GHITHA HOLDING P.J.S.C. (ADX:GHITHA)  
snour  
ADX:GHITHA   GHITHA HOLDING P.J.S.C.
Chart Patterns Technical Indicators GHITHA ADX uae
4
0
chartpattern indicator ghitha adx uae
Daily chart, Ghitha Holding (ADX, UAE) stock is trading between the resistance and support (almost a rectangle channel).
It is a good trading opportunity BUY at support, SELL at resistance, until crossing up the resistance (around 49.0), then the target will be 63.0 extending to 70.0

Technical indicators: MACD is positive. RSI indicates some minor correction or sideways movement.

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