SABIC, A BULL WORTH THE WAIT

This is the second time SABIC tests the resistance line drawn. Oil prices going up and an extended OPEC deal should benefit the market as a whole. Volatility for this stock is also good, however, I'd still wait to see what setup will emerge, if it breaks this line of resistance, then I expect the next resistance to be towards the 100SAR mark. Here's hoping it does. Please share your ideas and comments and lets learn together!
Trend Analysis

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