binhajifahd

2380 : Petro Rabigh (+50% by Dec 2022)

Long
TADAWUL:2380   RABIGH REFINING AND PETROCHEMICAL CO.
Petro Rabigh chart had performed very well for us last year from sub 14 to 27 SAR and now is about to perform again!

The reason for this projection is the underline macro trend that is now confirmed and is about to break to the upside with potential gains of +50%.
The method we use is HVF, long tested and proved accurate with combined with volume analysis.

What we see in this chart is an imminent move in the stock to +23% from current levels by July 2022. And +50% by year end. Other targets are marked on the chart.
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