7030 Technical Analysis: Bullish Setup in Play
7030 (Mobile Telecommunications Company Saudi Arabia) — Technical Take
Price is currently trading at the rising trendline and holding firmly above the horizontal weekly support. This structure keeps the bullish bias intact. The stop loss is set below this support as well as the last higher low, ensuring that the trade remains valid only if the trend structure holds.
Recommended Levels:
Potential upside remains if support continues to hold. Happy trading!
Price is currently trading at the rising trendline and holding firmly above the horizontal weekly support. This structure keeps the bullish bias intact. The stop loss is set below this support as well as the last higher low, ensuring that the trade remains valid only if the trend structure holds.
Recommended Levels:
- Entry Point: 10.35 (CMP)
- Stop Loss: Closing below 10.10
- Take Profit 1: 10.64
- Take Profit 2: 10.90
- Take Profit 3: 11.35 (if strong closing above 10.90)
Potential upside remains if support continues to hold. Happy trading!
Operación activa
TP1 hitOperación cerrada: objetivo alcanzado
All TP hit.
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Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.