Astra Industrial Group Company, trading under ticker 1212, is a prominent entity in the Health Technology sector, specifically within the Pharmaceuticals industry. The company’s stock is currently valued at 165.6 SAR, with a market capitalization of 13.25 B SAR, reflecting its substantial market presence.
Financial Highlights:
The company has demonstrated a...
📊 Astra Industrial Group
📈 Broke out it's cup and handle pattern then broke out its bullish flag
✅All goal achieved with with 25 % gain thus far!
🚀Updated analysis. 🎯 Next targets in chart
Good luck!
🤝Please do not forget to support, cheers, like, comments and boost!
Thanks!
ASTRA INDUSTRIAL GROUP
ALL previous targets achieved from previous analysis
Trading in an ascending parallel channels currently at the bottom of it
139 support needs to hold to keep going
Next target mid of the channel at 142 then the top of the channel at 146
Current price (white), goals and resistance (green), and support as in chart (red)
Good luck
Astra industries is in bullish trend...look for consolidation breakout at 1 hr time frame...Bulls can drag the levels to next level...wait for breakout
Breakout is observed,
An aggressive Entry @ current level can be taken
Conservative Entry can be taken after retest (formation of HL)
Cup and Handle Pattern
AB=CD Harmonic Pattern
Ascending Triangle Pattern
Formation of HH, HL, Dow theory Bullish trend
Enjoy the ride
Fib Levels and extensions are mentioned for TPs (Long term targets)
Trail your stop loss accordingly
Breakout is observed,
An aggressive Entry @ current level can be taken
Conservative Entry can be taken after retest
Cup and Handle Pattern Formation
AB=CD Harmonic Pattern
Formation of HH, HL, Dow theory Bullish trend
Enjoy the ride
Fib Levels and extensions are mentioned for TPs (Long term targets)
Trail your stop loss accordingly
Possible paths this stock can take to draw the price action. Paths are based on fib ratios, elliot waves and corrective structures. Please support if it helps.
I am buying Astra, a climb over the sunline on September cycle and the 180 degrees on the static square of 9 is promising, tight stop relatively ( daily closing below will activate it )
This is a mid-risk trade in my opinion because it has been going down for a few weeks now and assuming a reversal is inherently riskier. I also happen to think that if it breaks...
