ADNOC Drilling (ADX) | Short-Term Technical Analysis

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This is a short-term trading recommendation based purely on technical levels.

Buy Area: AED 5.25 – 5.29
Target (Short-Term): AED 5.50 (+4%)
Strict Stop-Loss: AED 5.20 (-1.5%)


A LONG-TERM position is not recommended at this stage in light of current regional tensions.

Disclaimer
This analysis is for educational and technical reference purposes only. Market conditions may change rapidly; disciplined risk management is essential.
Trade closed: stop reached
Look to re-activate in case of a 30-min candle closed @ 5.25
Note
Re-activation price reached, and target achieved.

Disclaimer

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