AJWA If the week candle complete body is higher than 22 LE, the stock may reach the historical supply zone at 40 LE
AJWA trade ideas
Bullish AJWAAs long as it is above 18.021, it will go up to next resistance @ 19.5-19.58.
If you look at previous dates, you will see that it has stabilized above 18.021 several times @ 19Feb23, and @ 24Nov22 and jumped to 20.21 and 19.66 respectively, this means that this area is a strong support zone and may scream Bullish. Days are shorter by an hour in ramadan so the daily jump may be cut, but is coming inshallah.
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NEXT MARKET MOVE UP TO 2023NEXT MARKET MOVE UP TO 2023
At the bold black line, a major area,
At the orange line, a sub area
WE CAN UPDATE AFTER BROKEN
Ajwa - a stock to MonitorAfter Few years of side movement
The Stock Now in accumulation phase
On Weekly chart "Shark 32" was constructed between 2.67 & 3.1 L.E
Breaking 3.12 L.E will lead to 3.56 L.E and 4.4 L.E
Breaking 4.5 L.E will lead to 7.9 L.E based on second Entry.
On the other hand , Breaking 2.67L.E will lead to 2.2 L.E
AJWA Resistances 2.1 , 2.9The stock is in a bullish wave on the weekly frame, and it is expected that the support will be tested in the areas of 1.478 and 1.356
It is an appropriate support area for purchase
Resistances 2.1 first goal
2.9 second goal
