Triangle Pattern Waiting for the breakout, If the stock breaks out I believe it is going to go to the daily supply zone between 54 and 58
1.04SAR
18.992MSAR
135.048MSAR
23.115M
About WAFRAH FOR INDUSTRY AND DEVELOPMENT CO.
Sector
CEO
Faisal Mohammed Abdulaziz Al-Khudairi
Headquarters
Riyadh
Website
Founded
1989
ISIN
SA0007879220
Wafrah for Industry & Development engages in the manufacturing, canning, preserving, processing, developing, and marketing of food products. Its products include pasta, vegetable, meat, and breakfast cereals. The company was founded in 1989 and is headquartered in Riyadh, Saudi Arabia.
2100 WafrahAbove 50EMA
break downtrend with volume
details on the chart
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2100: WAFRAH (Breakout; Bullish Setup)Price is at support zone
Above 50 EMA
Breakout of triangle pattern is observed
Stop loss and TPs are specified
Trade with stop loss
Manage your risk properly
Double Bottom and 61.1% Fib Looking good for WAFRAH, ascending channel after a double bottom pattern. broke through 61.1% fib and looks it's heading to 18.5 SAR. The next step above 20!
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