FoxWin

Saudi arabian oil - interesting opportunity in January

TADAWUL:2222   SAUDI ARABIAN OIL CO.
Saudi arabian oil is logically evolving between a resistance and a support which are very respected by the oil path.

In some weeks, if it brokes the resistance, we will have a buy opportunity. Otherwise, if it brokes the support, we will have an interesting sell opportunity.

I will update my analysis in some days.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.