The Saudi advanced share, with code No. 2330, has been moving in a downward direction since the beginning of the current year, as it fell from levels of 51.60-50.75 to drop nearly ten riyals so far
The price reached support levels at 41.50-40.25 with oversold momentum on RSI
The presence of the Harmonic model is also shark with a correction of 88% Fibonacci retracement of the leg xa and another model with a correction of 224% Fibonacci retracement of the bc leg at these same levels which supports the price rise to 46.00 then 50.75
The trading range is 41.50-40.25
Expected bullish trend
