ARAMCO

10 июл. 2021 г.

ARAMCO is forming an Ascending Triangle started in early Nov. 2020. Priced reversed from the downward trendline and the resistance area at 36.00 bushing ARAMCO to test the bullish support line of the triangle pattern. This declining is confirmed by indicators such as the RSI and OBV, hence breaking below the support line will forced ARAMCO to continue its downtrend. On the other hand, breaking over the bearish trendline then the resistance area at 36.00 will be the beginning of the bull market.