ASC Al-Shaheer Corporation Intraday Analysis 21st April 2021

Further Advance

Our Pivot: 15.50

Our Preference: Start buying ASC on breakout above 15.00 with strict stop loss of 14.20 and profit target at 15.50 and 16.00

Alternate Scenario: Downward penetration of 14.20 will call for 13.90

NOTE: ASC ready for a bullish breakout of its descending trend line.

Chart with supports & resistances: