Buy signal on Zain stock ($ZEN ) - Strong upward momentum after breaking the psychological support level at 10.22
Zain stock (ZEN) successfully broke the psychological level of 10.00 with strong upward momentum, paving the way for continued movement towards higher levels. The chart shows a clear continuation pattern, reflecting market strength and buyers. As long as the price remains above 9.70, the stock is expected to continue its upward trajectory steadily.
Trading settings (Buy):
Entry: at the current price or upon correction towards 9.70
Target 1: 10.40
Target 2: 10.90
Target 3: 11.60
Stop Loss: 9.50 (if the support level is broken)
Summary:
Strong upward momentum with a breakthrough of the 10.00 level
Staying above 9.70 confirms the continuity of the trend
Focus on targets while monitoring support levels
Stay alert for the upcoming movement and watch the upward momentum!
