Dear Saudi Traders and Investors,
Last week I posted that you still can't buy 2222 since it is heading down after that it pulled back on the resistance line at 32.10.
As I always tell you, don't buy stocks that will take your money. Get a consultation before you buy a stock. I get too mayn questions from people who bought at the wrong time an lost all their...
Aramco (2222) is one of the stocks I recieve messages about from people who have bought and now they're in loss.
You can notice on the chart that the market is currently below the strong level we have at 32.10, for now there's nothing you can do about it unless your broker allows you to enter with short trades.
My private community and I cureently are not...
Dear Saudi Traders and Investors, it's been a while since I last posted about any market.
Today I'm giving you some updates on Saudi Stocks.
Starting with 2222, as you can see on the daily chart, the price is currently on the tough support level we have at 32.85 with the highest volume we have in the period of the past 2 months. What you got to do now is you...
Dear Saudi Investors and Traders,
You can notice on the chart that the price made a pullback on the tough resistance level we have at 34.65 and now it's heading to the support level we have at 32.85.
For now don't buy 2222, wait for it to give you a sign to buy then get in the stock, otherwise you can buy on the other stocks on which you have good opportunities...
A bearish move till 80 per stock
as shown on the graph we can see 80 per share very quickly
Here at this area there is very strong support that can reshift the price up
We must have a stop at nearly 76 per share to avoid loss
With oil prices going up surely this is one stock that will benefit the most. We can see in last trading session it has almost broke the resistance and now its gearing up for the next leg up.
I think it will retest the support area before going any higher. Price has to go past 35.00 with big volume to eliminate any sellers present that will boost buyers confidence...
after taken liqudity of the buyside and rejection of the supply zone and change of charachter we will see a drop of the price to taken liquidity of the sell side
after stop sell side taken and the rejection of the block order ''OB'' and the change of market structure with a double bottom we will see a trend change towards supply zone
we can enter gain in the area of 70 riyal
a big buyer appeared here inn this area before with high volume , AND he was able to stop the downward volume for some candlesticks.
we think it will retest this area , the buyer will appear again and will shift the trend .
we mus have a stop loss at 68 riyal perstock
BINANCE:XRPUSDT has just finished its pullback to the 0.4 area where huge bullish pressure is located .Bulls gained much confidence thanks to the recent bullish impulsion and so the bulls were waiting for a good area to buy XRP cheaper .It is very likely to stay above the 0.4 area and hit the target .This trade is a very high probability trade (80-85%...
GOOD EVENING,
today there are very good indications that the SAUDI ARABIAN MINING's stock will go up in the next few days :
1)the SAUDI ARABIAN MINING's stock is over the VWAP so it's protected by it
2)it broke the VWAP so there is a very big strength of buyers today
3)it broke the last resistance to the up but not by strength
BUT
if it breaks down the VWAP and...
TADAWUL:2222 gave a high quality signal .
In fact it just closed above a decisive area . And so TADAWUL:2222 has a high probability to continue up towards the 45 level .
Stay tuned for possible updates .
Requests , suggestions and remarks are all welcomed .
TADAWUL:2222 entered a key level .
If it succeeds to break well above it ,it is very likely to go significantly up .
I will be posting further details in case of confirmation .
