UPDATE ON 1120A month ago, I posted not to buy on 1120, and still some texted me and complained, after that it went higher they bought and now they're in losses.
The price is still consolidating on its range, it came up to the liquidity zone to grab it, now it reversed again to go lower.
If you are a person who really takes clean entries, 1120 isn't yours now, trust me, once you buy and lose your money, you will search for someone to help you recover.
Before you buy any stock, get a consultaion first then you invest your money, I read in groups people lose their money in some basic cases, and if you ask their answer is always I heard from someone.
If you don't know how the market is, you get a consultation from analysts here on TradingView, you can find lots of experts and you'll buy in a safe place.
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Rajhibank
1120: Al Rajhi (Bullish setup)Falling Wedge Pattern
Watchout for Breakout
Retracement from Golden Pocket considering Rally from Covid-19 and retracement
HH, HL formation until top of falling wedge Resistance
Bulls need to take control for further ride and breakout
Entry at current level (Aggressive) or Watch for Breakout
Stop Loss is specified
Fib/Horizontal support Levels are specified for TPs
Ride the trend and Trail your stop loss
Manage your risk properly