Elliott Wave Analysis of Al Rajhi Bank Saudi Arabia
12 May 2010
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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. | |
Want to go further with Middle East markets? The impulse and correction chapters of Five Waves to Financial Freedom, the same tools used across every market I trade, including Middle East indices walks through it with real trades and real numbers, not textbook theory.