Saudi advanced stock with code number 2330 has been moving in an upward direction since last October, as it rose from levels of 44.75-45.80 to rise to levels of 50.75-51.70 to achieve more than 6 riyals
The stock is now testing the bullish trend line from October in addition to the support area 44.75-45.80 with the formation of selling saturation on the RSI
We notice the formation of the Harmonic Shark model with a correction rate of 113% Fibonacci retracement of the xa leg at these same levels, confirming the upside movement, targeting the stock levels 50.75-51.70
The trading range is 44.75-45.80
Expected bullish trend