The Saudi Ground Services stock, with code number 4031, is moving in an upward direction on the daily frame, as it rose from 25.75 levels after a false break last March with the violent decline of the markets, to rise so far more than 7 Real
The stock is moving inside a descending wedge, its top from December 2016 and its low from January 2016, and is considered a trend-reversing pattern
The price now touches the upper boundary of the wedge, where a break of it up is confirmed and the strong bullish process continues, where the targets are in the area of 36.30-38.00 where it corresponds to the expected harmonic bat pattern of 88% Fibonacci retracement of the leg xa
