- May 12, 2010
- Posted by: Ramki Ramakrishnan
- Category: Saudi Stocks Outlook
Here I present you with elliott wave analysis of Al Rajhi Bank, Saudi Arabia. As you can see, this stock too has behaved quite technically in the past, and elliott wave analysis suggests that we will eventually get a move that will take us to the previous fourth wave level. So I suggest buying on any 50% pull back with suitable stops.