Rectangular Channel

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Rectangular ChannelAldrees Petroleum & Transport Services Co.TADAWUL_DLY:4200House-of-Technicals4200 Analysis Closed at 130.90 (25-03-2026) Currently trading in a rectangular channel; ranging from 110 - 155. Also, 113 - 114 is 38.20% fib retracement level of entire rally & it seems it has taken support from this level. Monthly closing above 118 - 120 would be a +ve sign. Breaking 110 may bring somewhat more selling pressure.