Saudi Bahri stock has been moving with code number 4030 in an upward trend since October, as it rose from 30.70-31.75 levels to reach levels of 40.20-41.00 to reach more than 10 riyals at the time
The price has fallen from these levels to reach a rising trend line from the bottom of October and is approaching the support area 30.70-31.75 with the formation of the Harmonic Shark model with a correction of 88% Fibonacci retracement of the leg xa
With NKOIN oversold on the RSI, the price is expected to rise to 37.55 then 40.20-41.00 levels
