House-of-Technicals

Bearish Divergence on Monthly TF

TADAWUL_DLY:1211   SAUDI ARABIAN MINING CO.
Though Bullish on All Time Frames,
Bearish Divergence on Monthly TF +
Double Bottom around 57 - 58 are
favoring Bears

However, Bullish Momentum will Only
be Continued if 58 - 59 is Sustained
Comment:
From 56.40 (rejection level 57-58)
Now at 52.30🤷‍♀️

However, 51.40 - 51.50 Sustained on Weekly basis would favor bulls.

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