Saudi Ground Services a Long Term Analysis

The stock has shown an aggressive selling recently, and could continue to be bearish. However, it could be risky, but I believe a reversal wave is close. Targets as shown in chart. Warning: risk level is high.
I recommend Saudi traders to follow the stock.

Handel aktiv:

Moving as planned. Watch out for the coming resistance as explained in the chart.

Handel aktiv:

Resistance is close

Handel aktiv:

The stock hit the resistance and now on a temporarily corrective wave 4 to gain momentum. I would take profit for now.

Handel aktiv:

Hit the previous Supply zone Aug 18

Kommentera:

A Top H&S is on progress. Be cautious!

Trade stängt: målet nått