Quick analysis on 8040

Panjang

ALLIANZ SAUDI FRANSI COOPERATIVE INSURANCE CO. (TADAWUL:8040)

TADAWUL:8040 ALLIANZ SAUDI FRANSI COOPERATIVE INSURANCE CO.

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I'm sharing with you an analysis I have made onths agoand kept private, as you can see on the chart the price came down to pullback on the tough support we have at 12.91 multiple times then managed to break the resistance line with the highest volume in months, then it managed to make a pullback on the vwap last week to continue climbing up.
Buy it for long term profits.

In case you got any question about any market don't hesitate to ask I'll be answering with pleasure.

Penafian

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