Riyadh Cables Group Co.

Play on Levels

244
124 - 124.50 Very Important Support on Monthly Basis.
Bearish Divergence on Weekly TF that is why it pushed the
price downwards.
Now Hidden Bullish Divergence & Bullish Divergence on Hourly
TF has triggered the price up. Bullish Momentum will resume
once 146 is Crossed & Sustained. Now it is Important to Sustain 134
on Monthly TF & if 165 is Crossed & Sustained, Next Target
can be around 190+

On Daily TF, 134 - 135 is a Resistance. Crossing it will
touch the price around 138-139

Aviso legal

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