AL AHLI BANK: The recent breakout suggests the trend will persist

    • The stock price has been steadily climbing, creating higher highs and higher lows.
    • During this upward movement, the stock established a rounding bottom pattern.
    • Following the breakout, the price initially soared before experiencing a slight correction, then entered another consolidation phase and formed another rounding bottom pattern.
    • After breaking out of this pattern, the stock traded within a box pattern for a period of time before eventually making another upward surge.
    • With a recent breakout and strong volume support, the stock is now primed to make another move to the upside.
  • Share with
    0 0 votes
    Article Rating
    Subscribe
    Notify of
    guest
    0 Comments
    Inline Feedbacks
    View all comments

    Join Our Telegram Channel for Saudi Stock Market Update

    Recent Articles

    Join Our Telegram Channel for USA Stock Analysis Update

    Join Our Telegram Channel

    Details of Arijit Banerjee

    Arijit Banerjee CMT CFTe is a seasoned expert in the financial industry, boasting decades of experience in trading, investment, and wealth management. As the founder and chief strategist of Naranj Capital, he’s built a reputation for providing insightful research analysis to guide investment decisions.

    Arijit’s credentials are impressive, holding both the Chartered Market Technician (CMT) and Certified Financial Technician (CFTe) designations. These certifications demonstrate his expertise in technical analysis and financial markets.

    Through Naranj Capital, Arijit shares his market insights and research analysis, offering actionable advice for investors. His work is featured on platforms like TradingView, where he publishes detailed analysis and recommendations.

    If you’re interested in learning more about Arijit’s work or Naranj Capital’s services, you can reach out to them directly through their website