TASI Weekly Chart Analysis

False breakdown or trapdoor setup?

Saudi market bounces sharply off 200W MA + horizontal support. Classic Stage 3 to 2 retest in action?
• Massive bullish engulfing after shakeout
• Held key support zone near 11,100
• RSI rebounding from oversold territory
• Volume spike = institutional footprint
• Above 11,556? Stage 2 breakout confirmed
• Long-term target: 13,955+

Saudi bulls: Are you ready?

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