MARK – Al Rayan Bank (Daily Chart Insight)

This setup is developing and might catch attention soon.

MARK is currently trading in a clear downtrend within a well-defined parallel channel. While the chart shows a lot of noise; with overlapping swing highs and lows forming scattered support/resistance, there are early signs of a potential reversal.

We’re not entering just yet. However, a strong breakout above the upper trendline, especially with volume confirmation, could signal a major shift and possibly a sharp move upward.

🔍 Key Observations:

- Still in a downtrend

- Complex and noisy chart structure

- Parallel channel used as the main guide

- Potential for reversal and a breakout

📌 Action:

Stay on close monitoring. Let price action and volume lead the way. No need to rush but be ready if it breaks the channel with momentum.