SOBHA BULK DEAL OF 4 MILLION SOLD ON 21ST IS THE REASON FOR FALL.
1 MILLION WAS PURCHASED BY FRANKLIN TEMPLETON @ 505.
& THE REST WAS ALSO PURCHASED BY TWO OTHERS AT THE SAME PRICE.
THE DEAL PRICE CAME UP TO 50% OF THE FIB LEVEL.
THE NEXT TARGET FOR SOBHA IS EXPECTED TO BE 540.
Still a bit weak, may get resisted at previous trendline break continuation, can take advantage of positive momentum at open to get a good r|r ratio for our risky short,
If stop triggers Sobha is likely to see some sellers com in near 640 to 645,