gamall1987

Tasi may fluctuate at the point highlighted

gamall1987 Updated   
TADAWUL:TASI   Tadawul All Shares Index
Saudi stock holders beware of this zone. The price may show some fluctuations.
Trade active:
fluctuation is taking place and is normal. temporary corrective
Trade active:
Fundamentally, OPEC Plus supply decision will have a positive impact on TASI.
R&R guys..
Trade active:
After tasi goes to the zone highlighted, I thought there would be some fluctuations but actually it not only fluctuates, it also is pushed down. It may go down up to 11647-11615 and then we can update.
Comment:
Tasi retraced and almost reached a crucial feb level 11622. It has a support beneath and also a gap to be filled. I am optimistic and I think tomorrow will be a reversal because of the above and if it does not reverse then it will go bearish to reach its harmonic point.
Comment:
Gap filled, and supposed to be bullish tomorrow..
Comment:
11592-11622 is the previous gap that was filled and Tasi must go over the level for confirmed bullish move. If Tasi could not lead the price up, then might be bearish.
Comment:
TASi could not lead the price up after filling the technical gap. It was necessary to go over 1162 - 11592 and because it did not, it went bearish. The last hour, we witnessed an entrance of speculators, which is useless imo!
The highlighted is an important support that TASI should bounce back when reached.
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