This helped the overall Saudi stock market index gain 0.9 percent on Thursday, although trading volume was modest and fell from Wednesday, a negative technical sign
. The petrochemical sector lagged slightly but PetroRabigh added 3.8 percent after saying it remained committed to executing a rights issue that it had initially announced last year.
One is heavy trading volumes, a positive technical sign
; Saudi Arabia's volume on Sunday was the highest since last May, while on Tuesday Dubai posted its strongest volume in 14 months.
In one positive technical sign
, the index rose above tenkan line on the daily Ichimoku chart, which stood at 79.52 on Tuesday.
Double bottoms are a strong technical sign
that prices have reached their lows, as are future position reductions by commercial hedgers.
An interesting technical sign
of an indisputable classic is the various types of releases it has had.
The S&P 500 breaking above its 2,064 level earlier this month was another bullish technical sign
, he said.
In one encouraging technical sign
for the Nikkei, its 25-day moving average edged above its 75-day moving average, a phenomenon known as the "Golden Cross" that can often indicate further rises and is regarded as a buying signal.
Trading volume also rose in a positive technical sign
Trading volume in Dubai continued to rise, a positive technical sign
Where among these techniques and technical signs
can we still locate the body, the body, the body, the body?
They consist of technical signs
and symbols with a high memorability effect.