Mulakan
Abu Dhabi National Oil Company For Distribution
Panjang

ADNOCDIST is getting ready for a bull run

453
ADNOCDIST consolidated above the 50 and 200 MA for the past month creating a diamond continuation pattern and seems to be ready for a bull run soon. Anticipated price action and targets are shown on the chart, stop loss daily close below 3.55 AED.
Nota
Deducting the dividends, our stop is now at 3.45 AED, however, given the current geopolitical tension, it is better to close the trade at breakeven @3.57~3.58.
Chartoholic
Juga pada:
Chart PatternsTechnical IndicatorsTrend Analysis

Penafian

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.
Chart PatternsTechnical IndicatorsTrend Analysis
Chartoholic
Juga pada:

Penafian

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.