Current price: 42.30
Key point: 41.30
Our preferred direction: buy positions at the highest level of 41.30, targeting 45 as the first target, then 46 as the second target.
Alternative scenario: Stop loss and change the trend by breaking level 33.15, targeting levels 38
Technical commentary
Wafra stock is moving in a strong upward direction on the daily frame from the bottom of last October and from the harmonic BAT pattern, so it is expected to reach all of its goals at the resistance levels of 46.00.