Mouwasat has taken a correction Positive Divergence on hourly is observed. Aiming for C&H completion Targets Entry @CMP (242 - 243) SL (241.5) 0.6% TP1 (247.6) 1.7% TP2 (253) 4%
Classical Cup & Handle Formation Series of HH, HL SL and TPs are specified Ride the trend with trailing stop loss Manage Risk properly
Support from Descending Channel Bottom for a short upside move until Channel Top Levels are mentioned in the chart Trade with Stop Loss
Technical Analysis for MOUWASAT MEDICAL SERVICES CO - 4002
Price is respecting a strong uptrend. Price broke a resistance and turns it into a Support. Great Volume of Buyers is present in the Market. 4002 is to Kept in the Wallet.