Currently the price is at the lowest levels There are two buying opportunities, the first is waiting for the price to descend to the Fibonacci level 0 or close it and buying from the price 9 or 7. Either in case the price breaches the downtrend and exit from the 0.23 Fibonacci level, buying from 14.5 and consolidating after breaking the Moving average Line 200
After testing 2 times a very critical resistence and it makes a fals breakout from the trendline, the price will move down to make a new low Good Luck
Next days we can forecast the next destination for the markets using Fibonacci retracement. stay tuned
The market continues increasing because: moving average break the vwap with high volume. the buyers guide this markets
Rabigh Ascending Triangle, buy after a day close above the 200 MA ( Long Term Investment )
Monthly charts suggest a good run on on cards . Financial QoQ the company has been posting good numbers . OIL is on boil and is expected to be above 72 $ . see levels of 38-40 above 27.