Saudi Chemical Co.
Long
Updated

Breakout and Retest

215
2230 broken out of consolidation channel, above 8.0 with strong moment on weekly TF, it is now testing the breakout near 8.

Good to buy near 8, SL 7.9 on daily closing. Target 8.7, 9.7
Trade closed: stop reached

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.