Tadawul All Shares Index
Updated

TASI SHORT TERM LOOKS GOOD

308
Last week, TASI hold important level at 9950 which have been a solid support for it.

As I mentioned before TASI in a minor correction (ABC) after a great rally after corona bottom. Now, almost finished the first leg (A) which formed as (W-X-Y-XX-Z)
I think that TASI will pullback up as (B) will be a quick (ABC) targeting at least 11400 to 11800.

31May is an important date for TASI


(this is not a financial advice)
Note
Will Tasi hit the first important level, Now we might see a small correction to 10500-10400
Note
TASI arrived to C zone
Trade closed: target reached

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