Looking at weekly frame analysis: * Close Previous price gaps formed in June 12th to 19th 2022 - Price to hit 8.81 (Lower previous price gap) - Price to hit 9.78 (Upper previous price gap) New targets to hit after gap is closed and stabilize above 10.32 There seems to be a bullish rectangle which might be broken if bullish buyers are serious
📊 7201| Arab Sea Information Systems Broke out its descending triangle Targets: 8.90, 10.70, 12.60, 14.70> 17.25> and 20.15 SR Supports: 6.50 and 5.55 SR Good luck! Pease do not forget to support, cheers, like, comments and boost! Thanks!
based on the point and figure chart the stock targets 150 ... its price now is 80.8
Arab sea has a possibility to go bullish to 90’s if neckline is penetrated . It has formed a valid bottom head n’ shoulders. AB-CD also suggests an aggressive move targeting 100’s possibly 120 if the parabolic move is not broken down.
Trend Is Bullish With Pure Candle Analysis We trigger a Clean Setup for this Week With repecte of the entry Point and SL