Hello ladies and gentleman,according my analysis To BANK ALJAZIRA STOCK.there is agreat probability long to 19 SAR.
Dear saudi traders, you can see on the chart that the price just pulled back on the support we have on 17.62 level and gave us the confirmation to buy it following the volume. You can but it in Sunday's trading session. Please let me know the markets you want me to analyze for you in the comment section!
Potential Setup Needs confirmation (Inv. H & S Pattern in formation). Watchout for Breakout Short setup can be traded from bottom to the identified trendline Watchout for breakout Trade with stoploss Ride the trend with trailing stop loss
When the first candle breaks the support strongly, and the selling volume appears, we expect the stock to drop strongly,
This analysis was based in the price action and we can tell that the next breakout will decide the market movement, Stay in a watch out position, Kind regards,