StockAnalystPro

SAUDI ARABIAN OIL CO is likely to go up .

Long
StockAnalystPro Updated   
TADAWUL:2222   SAUDI ARABIAN OIL CO.
2222 is likely to go up to around the 34 area , IF it closes considerably above the 34 in an upcoming day with a bullish candle we could expect it to reach the 38-38.5 area .I think this is a good time to buy 2222 .
Comment:
Beautiful growth from the 31,7 to almost 34 after publishing this signal despite all the negative sentiment and doubts surrounding the stocks of oil industry companies.

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.