Current price: 43.20
Key point: 42.45
Our preferred direction: buy positions at the highest levels of 42.45, targeting 46.40 as the first target, then 47.00 as the second target.
Alternative scenario: stop loss and change the trend by breaking the 42.45 level, targeting 41.00 levels
Technical commentary
Mobily stock with code number 7020 rose from the support area at the levels of 41.25-42.45 and from the harmonic alt bat pattern.
It is expected that if the falling wedge is breached upward, the rise will continue to the levels of 46.40-47.00.
