Saudi Cement 3030 : Enough falling!
Weekly chart, the stock 
3030 has been falling for long time, and is near the long-term support line S (around 39.9).
On the intra-day time-frame, the indicators MACD and RSI are showing the rebound has started.
The price should target the Resistance line R - at around 54 passing through resistance levels at 45 and 49
A safer new buy entry can be above 42 - with the Stop Loss below 40
Closing below the Support line S, the stop loss should be considered.
3030 has been falling for long time, and is near the long-term support line S (around 39.9).On the intra-day time-frame, the indicators MACD and RSI are showing the rebound has started.
The price should target the Resistance line R - at around 54 passing through resistance levels at 45 and 49
A safer new buy entry can be above 42 - with the Stop Loss below 40
Closing below the Support line S, the stop loss should be considered.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.