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4005
4150
chartpattern
parallelchannel
supportandresistance
tadawul
tasi
trendanalysis
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1) Breakout above rising trendline - Extreme Bullish 2) Volume confirmation for the breakout looks strong
1
1) Breakout above rising trendline - Extreme Bullish 2) Volume confirmation for the breakout looks strong
0
1) Trend line broken - Perfect descending triangle bullish breakout 2) Breakout with notable Volume - Breakout confirmation 3) Minimum 2.5% can be made in the short term (a day or few days) until the price reaches the next resistance zone
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Marubozu bearish candle was formed once uptrend was broken, today strong rejection to break out from marubozu range, drop expected, first support at 8,350 area
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TADAWUL:TASI TADAWUL:4150 A solid short term gain for anyone interested in making 4.32%
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