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SAUDI GROUND SERVICES CO.
Long

Saudi Ground Services a Long Term Analysis

By gamall1987
Updated
The stock has shown an aggressive selling recently, and could continue to be bearish. However, it could be risky, but I believe a reversal wave is close. Targets as shown in chart. Warning: risk level is high.
I recommend Saudi traders to follow the stock.
Trade active
Moving as planned. Watch out for the coming resistance as explained in the chart.
Trade active
Resistance is close
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The stock hit the resistance and now on a temporarily corrective wave 4 to gain momentum. I would take profit for now.

snapshot
Trade active
Hit the previous Supply zone Aug 18
Note
A Top H&S is on progress. Be cautious!

snapshot
Trade closed: target reached
Harmonic PatternsTrend AnalysisWave Analysis
gamall1987

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