SAUDI KAYAN PETROCHEMICHAL CO Buy Signal To Watch (2350)
Recently ,
2350
had enough bullish strength to break above the black line .
If we close in an upcoming day considerably above the green area (significantly above the 8.8 ) , this stock would very likely continue up towards the first blue rectangle area at the 9.8-10 area , with an important potential to reach the second target at the secong blue rectangle (11.2-11.7 area).
The probability of reaching the second blue rectangle area is considerable but it would depend also on how price will act around the first blue rectangle area (9.8-10 ) .
2350
had enough bullish strength to break above the black line . If we close in an upcoming day considerably above the green area (significantly above the 8.8 ) , this stock would very likely continue up towards the first blue rectangle area at the 9.8-10 area , with an important potential to reach the second target at the secong blue rectangle (11.2-11.7 area).
The probability of reaching the second blue rectangle area is considerable but it would depend also on how price will act around the first blue rectangle area (9.8-10 ) .