Saudi sincerity stock with code number 2130 is moving in a downtrend on the weekly frame, as it fell from 13.25 levels from mid-2017 until it reached levels of 6.8-6.60 where it is considered strong support levels It has replied to the price previously since October 2016
The presence of oversold on the RSI also supports the stock's upside in the coming period, as 7.75-7.45 levels are considered good as targets and then the falling trend line from the top of the year 2017
The trading range is 6.60-6.80
Expected bullish trend
