ALDAR Technical Overview
Posted on Tuesday, November 15 2016 at 5:34 am GMT+0000Extended declines.
The recent decline introduced weakness to the long term bias, with the recent break below the previous bottom at 2.50, confirming extended bearish implications, therefore long term traders shall stay aside monitoring for any signs of reversal that would signal towards longer term growth in the market. The long term developments confirmed the resumption of the medium term downtrend suggesting further declines on the daily charts, paving the way for the next support at 2.25.
| aldar-en-2016-11-15 |
