Sobha Short Term Trade
Area around 1507 is a long term support
After reversing from that level the price has formed a small double bottom pattern
The breakout is coupled with good vol and rise in atr as confirmation
Thus, for a short term trade,
tgt 1758, sl 1598
After reversing from that level the price has formed a small double bottom pattern
The breakout is coupled with good vol and rise in atr as confirmation
Thus, for a short term trade,
tgt 1758, sl 1598
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