National Gas & Industrial Company, listed with ticker number 2080, is currently making waves in the Utilities sector as a Gas Distributor. With a current market price of 87.7 SAR and a robust market capitalization of 6.58B SAR, it stands out as a significant player in the market. The company’s financial indicators are promising, with a 9% growth in EPS and a 10%...
Breakout of trendline is observed
Price respected a very strong trendline support
Horizontal resistance zone will be converted to support zone after breakout
Aggressive and Conservative Entry points are identified with SL
Trail SL further.
Do proper risk management.