Adnoc Drilling is near a tough resistance zone
Weekly chart, the stock 
ADNOCDRILL has been trading in a rising channel since March 2022.
The current price is near the upper channel's boundary (resistance line R).
So, either a breakout around 4.85 - 4.90, or a rebound.
Closing below 4.40 for 2 weeks, will push the price downwards.
Above the resistance line for 2 weeks, the target will be 6.05 - 6.10
ADNOCDRILL has been trading in a rising channel since March 2022. The current price is near the upper channel's boundary (resistance line R).
So, either a breakout around 4.85 - 4.90, or a rebound.
Closing below 4.40 for 2 weeks, will push the price downwards.
Above the resistance line for 2 weeks, the target will be 6.05 - 6.10
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