we have a break in vwap with a large bogie plus an interesting volume this means that the buyers have entered the market so a buying opportunity
SABIC currently is moving between two support and resistance lines that are about to meet soon. So in that time, I think that a new decision will be made by either buyers or sellers to change the previous direction.
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technically We notice the rise in the price after reaching Fibonacci levels 0 at 61 and the downtrend ending after forming a bottom above a low and the beginning of forming an uptrend The price is now based on strong resistance and the Fibonacci levels at 0.23 at 86 It is possible to buy from this price, especially after breaking the Moving ravage Line 200
Why would you think that SABIC goes between before corona price again?
Nice rising market volume after a downtrend movement, RSI stabilizes above 50, which gives a positive indicator to the upmarket.
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