stalkstock

Catch it at the bottom level

Long
TADAWUL_DLY:1150   ALINMA BANK
For now we are seeing selling pressure on daily basis in the stock but the good news is its approaching a very good support level that is at 32.50 area. I think it will spend some days there and then we may see a bullish breakout this will be a good indication that it has bottomed out. A small entry can be made around 3250 with small stop loss to target next major resistance zone that is around 35 area.

Hi like & follow if you want more updates on Saudi Stocks.

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