Tadawul index is under pressure and in a range after heavy sell off triggered. Its been in this box for a while now and after 2 doji days i think either it should breakup or retrace from here and retest the bottom of the box area. Though still in a range but highly trade able as the range is big and looks juicy. In my opinion it will break up testing the 200 ema...
Seit Anfang des Jahres hat der saudische Aktienindex „ #Tadawul All Shares Index“ rund 20 Prozent an Wert verloren. Aktienmarkt brach heute um rund 7 % ein – (Heute? – Ja in einigen muslimischen Staaten ist Freitags statt Sonntags die Börse geschlossen) #Moodys hat den Ausblick für die Finanzkraft des Landes am Freitag bereits auf negativ gesenkt. Fragt sich wie...
Alinma Bank stock High probability to ride up to the price 17 SAR. If you liked, leave a like and follow me for more insight view from me. Thank you! 🙏
Please dont forget like this analysis to support my work. The acsending channel and the volume show a good sign to buy at this moment.
TASI - Saudian Market - weekly chart # The current trend is downtrend # Under the important resistance 7000 may go to 5500 then 4775 to achieve targets of the head and shoulders pattern and the expected shark pattern # The positive scenario will be above 7000
On demand of Mr. Mostafa - we have a high probability bullish SAUDI BASIC INDUSTRIES CORP . thank you ... enjoy !!!
TABOUK CEMENT CO - TADAWUL going long..but must be careful because the trend of TASI is not strong yet...
Honestly, this price action is not looking good, I have drawn out two scenarios as we are currently trading mid-shockwave. Leaning bearish
Summary • TASI / KSA break out of bull head & shoulders bottom trend reversal pattern. • Indicates continuation of long-term upward sloping trend channel. • Key Fibonacci zone targets marked on enclosed charts. Bullish reversal is indicated as the Tadawul All Share Index (TASI) (Saudi Stock Market) breaks out of a head & shoulders bottom reversal pattern at the...
Hello Traders, The second scenario "which I wrote previously" could be valid, which we are in wave 2 and should see wave 3 coming. Position Strategy When the price reaches 7.40 Saudi Riyal, we should respect the bullish bar on the monthly chart, and go long, with a lost stop of 6.09 Saudi Riyal. This scenario is only confirmed when the price hits a price...
Hello Traders; As you can read from my chart, we might be at the end of Wave 2 and possible wave 3 starts; placing a buy stop on 8.06 SAR with loss top on 7.78 SAR. Wave 3 is only confirmed when a new high is achieved :) Happy freaking trading :)
Hello Traders, Previously I built up positions that Saudi Re should starts a WAVE 3 up, our analysis were wrong, and we saw that it created a new low. There are two scenarios, I will speak about the first, which looks like most probable so far 1st Scenario Saudi Re is in the third wave down, and it should target a target zone of 4.00 Saudi Riyal. We short...