This support now is acting as a lif e saver for the buyers and we saw from this last rejection that the buyers can take control again, STAY IN YOUR POSITION AND SELL AFTER REACHING THE TARGET LEVEL
The market is purely controlled by the buyers so we are in a good position to buy, also the market respect the support line and give us a strong pullback with a high volume, so we can take that investment with confidence, THE BUYERS ARE IN CONTROL
You should be aware of this green trend line, the market may go down until the the test of the green trend line, but we are well supported with the 200Ma, so we are not against the market but for now the market might take a corrective wave :)
The market will take the decision in the near future because we are within the 200MA and it can act again as a strong support, the market might go up after the testing of this range, if that the case then we can expect to get out of the market until the target level
We need to see a test within the green line or if you prefer the safety then you can enter after the testing of the 200MA because we are clearly in a bullish trend
We have a strong indications that the market will go down : 1.The 3 recent candles are all in gravestone profile, the market can't break the VWAP indicator, the VWAP act as a strong resistance, 2.The Fibonacci give us the level of 75% as a strong resistance too, 3.The respect of the red trend line and the market need to go back to the channel, Summary: The...
Please stay in your position and sell your shares at the required level
Stay in your buy position; kind regards
Wait for the retest to take safe trade :) Kind regards
an interesting buy signal is explained by the breakout of the vwap and a very large volume means that the buyers have entered the market a buying opportunity national commercial bank
Please share with me your thoughts, kind regards
This analysis was based in the price action and we can tell that the next breakout will decide the market movement, Stay in a watch out position, Kind regards,
Please share with me your thoughts, Kind regards
this is an analysis for one of the best SAUDI ARABIA STOCKS, stay a buyer
Please share with me your thoughts
Please share with me your thoughts
Please share with me your thoughts
Please share with me your thoughts