ADNOC Drilling Potential Reversal from Demand Zone
ADNOC Drilling bouncing from a 1H DZ, and rejected the Daily trend line, this is a good indication for upward momentum, after disappointing Earnings but positive 11% revenue higher than estimates.
Enter around 5.58 with potential target at 6 (Supply Zone)
SL 5.44 (base of the 1H demand zone and under the trend line)
Good time to jump in or add to your position.
Trade safe !
🚨 Disclaimer: This is not financial advice. Always do your own research and manage your risk accordingly. 🚨
Enter around 5.58 with potential target at 6 (Supply Zone)
SL 5.44 (base of the 1H demand zone and under the trend line)
Good time to jump in or add to your position.
Trade safe !
🚨 Disclaimer: This is not financial advice. Always do your own research and manage your risk accordingly. 🚨
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