TADAWUL:2222
SAUDI ARAMCO breaks out of parallel channel after completing wave 3 extension.
Now I think it's in wave 4 the ideal correction measure for wave 4 is 38.2% of wave 3. maximum is 50% of wave 3. In this case it's possible that stock will correct to near 50%.
Now why 50% I'm saying is because there is strong support created on 14 jul...
TADAWUL:2222
SAUDI ARAMCO clean structure on chart. Extended wave 3 is completed. Now stock is on correction in wave 4
I think stock will take few more weeks to complete the wave 4 correction.
Now I think there are more than 2 possibilities. I have shown 2 possibilities in chart.
1) First possibility is that stock is in wave 1 of extended...
