Walid_El_Bohdidi

Saudi Aramco Analysis 04/02/21

TADAWUL:2222   SAUDI ARABIAN OIL CO.
Hello ladies and gentlemen, according to my graphical analysis of the Saudi Aramco stock, we note that since September 21, 2020, Aramco has entered in a downtrend until today, approaching a very strong support at the level of 33.50, I recommend to avoid the buy of this stock at the present time, and if even a break in the support level, I would recommend to don't keep this stock in the portfolio and selling it directly at 33.00.

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