Share Ajwan Real Estate Gulf has fallen in recent trading to intraday levels, to record losses amounted -1.59% compared to the closure, which is preceded by the equivalent of -0.50 points, to try to share this recent decline acquire some of the positive momentum that has helped him to rise after that, amid the stability of trading the highest level of support 30.57, this level, which represents 38.2% of Fibonacci retracement levels for the descending wave in the short term (from 42.00 to 23.50), and a positive pressure from the simple to the 50 period moving average intraday levels.
Therefore we expect the return of the stock of the new high in the coming trading, provided, however, support the stability of 30.57, to target the next resistance level of 32.75, which represents 50% of the same as the previous mentioned corrective levels
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