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2010: SABIC (Dow Theory)
SAUDI BASIC INDUSTRIES CORP.
Long
2010: SABIC (Dow Theory)
By YASIRWA
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Feb 16, 2023
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Feb 16, 2023
Classical Dow theory in picture
AB=CD pattern in formation
Wait for breakout of B which will be new HH
Short Trade Setup
1- Entry at Current Price 94.6 or 94.2
tight SL 93.4
TP 96.8
Long Trade Setup
2- New Entry 98.2 (on green candle closing)
TP 101.2
SL 97.2 (or previous candle bottom)
2010
abcdchartpattern
AB=CD
dowtheorybullish
sabic
Support and Resistance
TASI
Related publications
SABIC 2010 (Breakout and Retest)
by YASIRWA
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