1 Day
Source:
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East Pipes Clears Levels
“East Pipes” (1321) broke above the upper Bollinger Band alongside an increase in trading volume, following a period of price consolidation. The MACD also showed a bullish crossover above the zero line. The stock is trading at 155.60 riyals. Technical targets are 159.50, 163.40 and 171.20 riyals, while 148.05 riyals has been set as the stop-loss level, as a drop below it could signal a failed breakout.
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