Faisal Islamic Bank is preparing to breakout !
Actualizado
Daily chart, the stock 
FAITA is trading in a falling channel, inside a descending triangle.
By closing above Resistance line R (around 0.992) for 2 days, the target will be 1.025
The next weekly target will be 1.06 then 1.15
The next monthly targets will be 1.22, 1.26 extended to 1.55 (long term)
Note: Consider a near stop loss and raise it as the stock price goes up.
FAITA is trading in a falling channel, inside a descending triangle.By closing above Resistance line R (around 0.992) for 2 days, the target will be 1.025
The next weekly target will be 1.06 then 1.15
The next monthly targets will be 1.22, 1.26 extended to 1.55 (long term)
Note: Consider a near stop loss and raise it as the stock price goes up.
Operación activa
One more day above 0.990; to confirm the bullish breakout.
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.