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!
Transaction en cours
TP1 hitTrade fermée: cible de profit atteinte
All TP hit.
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Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.