Saudi Advanced Ind. is bullish as per Cypher. Long

TADAWUL:21201W

SAUDI ADVANCED INDUSTRIES CO.Tadawul

Description

⋅ Sep 14, 2022 8:26 AM

@Afnan6120 make sure it does not break below 63 otherwise it cancels the whole idea.

Harmonic Patterns

Comments

gamall1987

⋅ Sep 14, 2022 11:07 AM

36 is your stop-loss. I meant 36. not63 sorry for my typo

Afnan6120

⋅ Sep 14, 2022 12:39 PM

@gamall1987, noted sir
what about 7201 and 1150 analysis? Thank you for your effort and time :)

Afnan6120

⋅ Sep 19, 2022 8:43 AM

@gamall1987, So now the stock is 34
What do you see here? Ever going to recover this stock ?

gamall1987

⋅ Sep 19, 2022 9:55 AM

@Afnan6120, unfortunately, it has broken down the support 36 and cancels the whole forecast.
The reason why it did not continue its bullish move is fundamental. The Saudi Stock market has been corrective because of the decreased BRENT and the interest news of the federal.

Afnan6120

⋅ Sep 19, 2022 10:24 AM

@gamall1987, Thanks for the information sir
Can you please update the chart as of now?

Afnan6120

⋅ Sep 19, 2022 10:45 AM

@Afnan6120, will stock recover in future?

gamall1987

⋅ Sep 20, 2022 2:40 AM

@Afnan6120, let's have some hope today. We need to close above 36. TASI will react positively as it hit the lowest bottom of the price channel. as for my readings, today could be a reversal. Always keep your eyes on TASI before deciding which stock you wanna buy.