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YASIRWA

Aldrees Petroleum 4200

ALDREES PETROLEUM AND TRANSPORT SERVICES CO. (TADAWUL:4200)  
YASIRWA  
TADAWUL:4200   ALDREES PETROLEUM AND TRANSPORT SERVICES CO.
Trend Analysis Chart Patterns Technical Indicators tadawul4200
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trendanalysis chartpattern indicator tadawul4200
Bullish Indicators

1- Bullish engulfing candle
2- Support @ 50% fib level
3- Bullish divergence on Chaikin oscillator

Bearish Indicators
1- Dow: making LL and LH
2- Trendline support broken
Biased: Long

Trade Plan A: Long
Entry @current price (69) SL @ 65
TP1: previous trendline support 73
TP2: 79

Trade Plan B: Short
@68 SL @ 70
TP1: 64
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