EmadSaqqa

DHBK - DOHA BANK: Technical Outlook

QSE:DHBK   DOHA BANK QPSC
Thu 06.Dec.2018 14:40

Ticker: DHBK
LAST= 22.75

DOHA BANK movement during the last few days showed a Bullish move, with a recent high price seen on Wed 05.Dec.2018 at 23.50.

During the next few days the price is expected to go up for 23.50 and then to 23.80.

The Short-Term view is expected to continue to be UP as long as the price is above 22.65.And its recommended to ' BE LONG ' for a targeted price of around 23.90 Taking in consideration the resistance levels.

On the other hand, a change in the direction of the general trend needs to be considered when the price trades below the level 20.65

Res_2 = 23.65
Res_1 = 23.00

Sup_1 = 22.35
Sup_2 = 21.70

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.