Update on 2382 Technical Analysis
TADAWUL:2382 Stop loss trailed to 15 (closing basis). Price action confirms a new higher high and higher low, marking the start of a potential bullish trend. Structure remains intact within the ascending channel, and a recent golden cross further strengthens the setup.
There’s mild bearish divergence on RSI, but it hasn’t translated into any real weakness yet. Bias stays bullish as long as price holds above the previous higher low — a close below it would be the first sign of short-term change in structure.
