Moving in Descending channelTadawul All Shares IndexTADAWUL:TASIibraheeemzTASI is moving in descending channel, and continuously finding support near 10200 area. While it's highs are squeezing, lows are mostly in the same range 10200-10300 ares. Usually such compression results in an eventual breakout/ (or breakdown). We are seeing bullish divergence formed and played out on weekly TF. With a few more rounds between 11300-11500 and 10200 area, I'd expect a breakout of the descending channel and a test of 11800 resistance. Which is a key level to be crossed for a bullrun to begin.