gamall1987

TASI went up the neckline

TADAWUL:TASI   Tadawul股票指数
TASI bearish wave has gone further than I expected and formed the top H&Ss. I has however gone up the neckline, which is reassuring that it is not responding to the negative H&SS. Maybe TASI has gone back to the safe zone to filled up the gap only. Staying above the thick RED support line is considered good for those who take long position. If TASI goes below the red line (neckline of Top H&Ss), then be cautious..
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