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Thank you for reading the Boubyan news surrounded by negative signals – morning analysis – 25-10-2018 and now with the details
DUBAI – Bousham International Holding Industries (BIIHC) recently pulled back during the day, as negative signs of RSI began to appear after reaching overbought zones due to bullish prices, the ratio of -6.57 % at -1.90 points, while the ADM's negative pressure for the previous 50-day period continued, with the medium and short-term downtrend aligned with a trendline.
Therefore, we expect that a further decline in the stock at the next exchange, throughout the resistance resistance of 30.00, reaches the support level of 25.00.
Today 's trading range is among the key supports at 25:00 and the main resistance at 30:00.
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