DOHA BANK QPSC

DHBK - DOHA BANK: Technical Outlook

92
Thu 06.Dec.2018 14:40

Ticker: DHBK
LAST= 22.75

DOHA BANK movement during the last few days showed a Bullish move, with a recent high price seen on Wed 05.Dec.2018 at 23.50.

During the next few days the price is expected to go up for 23.50 and then to 23.80.

The Short-Term view is expected to continue to be UP as long as the price is above 22.65.And its recommended to ' BE LONG ' for a targeted price of around 23.90 Taking in consideration the resistance levels.

On the other hand, a change in the direction of the general trend needs to be considered when the price trades below the level 20.65

Res_2 = 23.65
Res_1 = 23.00

Sup_1 = 22.35
Sup_2 = 21.70

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