Weekly chart, the stock TADAWUL:3030 has been falling for long time, and is near the long-term support line S (around 39.9). On the intra-day time-frame, the indicators MACD and RSI are showing the rebound has started. The price should target the Resistance line R - at around 54 passing through resistance levels at 45 and 49 A safer new buy entry can be...
As the market currently trading in a Parallel channel. The price was reacting well the support and resistance of channel and a market currently formed a bullish morning star candle on daily TF with a mature bullish divergence. If the market successfully sustain this buying confluence the next leg up could go for new HH.
Daily chart, the stock TADAWUL:1180 is trading in a descending triangle, with upper line R and lower S It is seen as a short term trading opportunity between S and R. However, the price should close 2 days above line R to activate the target 41.4 then 43.3 A stop loss should be considered below line R (32.9). Be careful: Below support line S, the price can...
Daily chart, the stock TADAWUL:2270 is trading between support and resistance lines S and R respectively. Closing above R for 2 days, the price will target 417 then 439 The breakout may happen around 385 Technical indicator MACD signals a minor correction may happen soon. RSI is indicating a bullish movement. Below support line S is a stop loss.
Daily chart, stock is crossing the triangle, and is targeting 422 passing through resistance levels as shown. RSI and MACS support this view. Stop loss should be considered at 310
The stock is attempting to form a positive technical pattern, a double bottom. It has confirmed a breakout above the downward trend line, and a positive quarterly close is anticipated. The stock is currently rebounding from a support level within the medium-term upward trend. The targets are set at 25, 27, and 29. The technical analysis aligns with the fair value...
Another market that people are asking about is 2310. Don't buy it, and if you have already bought and you're in losses close your positions and wait for the market to give you a proper entry and take it! Let me know which market you have bought in losses!
As you can notice on the chart, the market still got some gaps to fill before going Bullish. To buy on 2040 you must wait for the market to fill all the gaps then you can have a safe entry. Let me know the stocks you're holding in losses.
A month ago I posted not to buy on 2222, but still some people have bought and cashed out all their savings, and some are still in big losses. The stock is still heading down. DO NOT BUY IT! Let me know the stocks you have bought for loss!
It was great week with this stock in low time frame and now show strong signs in daily: 1- Break VWAP 2- Break level 10.8 3- Bullish candle Price Target TP1: 11.88 TP2: 200 MA
Dear Saudi Traders, Since Tomorrow is the day most of you are going to analyze their charts and place their ordres, I'm sharing with you the markets you can't buy for this week. The 2nd one on the list is 2222, you can see on the chart that the market has just pulled back on the strongest candle we have which plays the role of a strong level on the market. Plus,...
Dear Saudi Traders, Since Tomorrow is the day most of you are going to analyze their charts and place their ordres, I'm sharing with you the markets you can't buy for this week. The first one is 1120, you can notice on the chart how the volume is giving us an indication not to buy, as the chart does when the market pulled back on the resistance level to head down...
4220 Emmar 12% profit with low cost. The company has a huge projects that are working on and 6.5 is undervalued. It has a gap to be filled with 12% profit from 6.5 and stop line is under 6.3
At the moment these are the bullish indications of TASI: 1. Taking support at 50% fib level of the uptrend that lasted from 24th Oct 23 to 24th Mar 24 2. Making a double bottom pattern 3. Taking support at an important support/demand level Is downtrend over?
TADAWUL:TASI Harmonics pattern drawn on TADAWUL:TASI shows the bullish trend till 11100-11200. Bearish reversal zone may start from this zone and may correct around 10960-10860. After taking correction, #tadawul will continue its move towards 11625 as showing strong bullish trend.
Investment Details: - Stock: 4240 (Fawaz Abdul Aziz Al Hukair) - Quantity: 2000 shares - Purchase Price: 12.00 SAR Review: I recently invested in 4240 stock on the Saudi Stock Exchange, specifically in Fawaz Abdul Aziz Al Hukair. Initially, the investment seemed promising, with the stock priced at 12.00 SAR per share when I purchased 2000 shares. However, my...
Filing and Packing Materials Mfg Co, with ticker 2180, is capturing attention in the Process Industries sector, particularly in Containers/Packaging. The stock, currently priced at 57.8 SAR, is part of a vibrant industry that has seen a surge in demand due to the rise in e-commerce and sustainable packaging solutions. Financial Snapshot: EPS Growth QoQ: A...