Dear Saudi traders, On the 2010 (SAUDI BASIC INDUSTRIES) chart, you can notice that the price just broke the VWAP and gave us the confirmation to buy it. I wanted to post this analysis yesterday for you to trade it buy since I got customers I give private analysis to I can't share it at the same moment as I give it to them which will make it pointless for...
A buy transaction in SABIC stock with a Fibonacci correction and a green candle with a tail, and it came as a strong support. There is a high possibility for the market to ris
According to what we can see in the chart 2010 is in trading rangeand we are now in the middle so we can sell short and take profit at the bottom and then wait for reversal signal and buy
Saudi Basic Indestries Corp was in up trend, after many of pull backs on this up trend, this up trend has been broked by an important candle as we see in the chart.
At this moment, we see that it return to the trend line for testing.
But we will see if it will do a pull back in the trend line and resume it down trend or if it will break it down trend.
Actually...
