Sobha Needs correction

The chart is forming a saw tooth pattern. If the 50 EMA support is broken, it can consolidate between 409 and 465 levels before the next move. May go further down as it is over bought and over valued on monthly charts. Wait for the correction. The price needs to be justified for investment.
Chart PatternsTechnical IndicatorsSOBHATrend Analysis

Również na:

Wyłączenie odpowiedzialności