SalemSignals

Dubai Islamic Bank DIB

Long
DFM:DIB   DUBAI ISLAMIC BANK
The stock has been moving in a clear direction since last year, which is the ascending channel, the points are clear in the chart. The support area at 4.70 is a very stubborn area as it represents the lower trend line, and we should pay attention to it so that if a full candle closes below it, it means a severe drop, but except Therefore, the stock is likely to rise to the drawn point 5.20.
have a good day

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