TIHAMA ADVERTISING AND PUBLIC RELATIONS CO

4070 TADAWUL

mouslimbentebbaa

For Tihama the good thing to do is to follow the Fibonacci extension to well measure the extension of the current bullish move, so normally we should close at the level 63,09 or 64,64 and you can see that it match up perfectly with the resistances, but what is more logical in my opinion is to close at 63,09? SO STAY IN YOUR POSITION

mouslimbentebbaa

We are in a good buy opportunity here because we have a lot of indications that supports us like the volume and also the tag team of the level 61 of fibonacci and the major support level in green

mouslimbentebbaa

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

mouslimbentebbaa

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

Apyr

Too late too risky.