Downtrend broken: The red trendline you drew (descending from ~180) was just cleanly breached.
Current price: SAR 134.2, up +2.8% with healthy volume (~260k).
Resistance zone: 136–138 (the next daily pivot).
Support zone: 125–126 (former swing low, now short-term support).
Current price: SAR 134.2, up +2.8% with healthy volume (~260k).
Resistance zone: 136–138 (the next daily pivot).
Support zone: 125–126 (former swing low, now short-term support).
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.