ARAMCO is forming an Ascending Triangle started in early Nov. 2020. Priced reversed from the downward trendline and the resistance area at 36.00 bushing ARAMCO to test the bullish support line of the triangle pattern. This declining is confirmed by indicators such as the RSI and OBV, hence breaking below the support line will forced ARAMCO to continue its...
So until now 2222 is for "buy" but if we break (1) with a big bearish candel so now we have to sell 2222 but if we'll break (2) in this case we can double our position and make really good profit.
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Tadawul All Share Weekly Index - SAUDI ARABIA
11th April, 2021
As shown the Index is in multi year
correction from historical all time
high around 20000 mark.
Possible wave count suggests
one more leg down to as low as
6000 area may seen. The forthcoming
down move may coincide with
lower oil price and lower US,
Europe and other world...
the buyers are still in control but we can't guarantee if the market will continue up after reaching the level of 90, this level should be your target level where you should be out of the market and sell your shares for a better and safe investment
Market have almost crossed the resistance zone it have also retested it successfully after the breakout, its also above 200 ema which is bullish, its also making higher highs and higher lows as per my analysis its good to go higher from here.
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With strong liquidity, if the level of the painting in the picture has been broken, which is likely to increase by 85 percent. As long as it is higher than VWAP, buyers dominate the market. I recommend buying at the price of 7.54. If the support level is broken. Landing is inevitable and not in discussion. And there will be a sale. Because in the current...