Current price: 91.2
Key point: 87.8
Our preferred direction: Buy positions at the highest levels of 87.8, targeting 93.2 as the first target, then 97.2 as the second target.
Alternative scenario: Stop loss and change the trend by breaking 87.8, targeting 86.0
Technical commentary
Al-Masafi stock with code number 2030 is moving in an upward direction on the daily frame from the bottom of last October above the support levels 87-89 and the highest 200-day moving average, targeting the harmonic BAT pattern expected to reach the resistance levels 97.4.