Current price: 78.8

Key point: 76.6

Our preferred direction: Buy positions at the highest levels of 76.6, targeting 82.0 as the first target, then 83.6 as the second target.

Alternative scenario: stop loss and change the trend by breaking 76.6, targeting 75.0

Technical commentary
SABIC stock rose on the four-hour frame from the support levels 75.4-76.6 and from the harmonic BAT pattern with an 88% Fibonacci retracement rate, so that the stock is expected to rise to the levels of 82.0.