just an idea about ALNAHDI future points of interest where i put my knowledge to test hope very one find it helpful and plz if there any thing i missed or i am wrong about
hi there this is follow for yester day video and extra explanation of Wyckoff theory in markets hope every one find helpful and looking forward to your comments and information so we learn form each other ....
Tasi is been falling non stop, but for now its at a very crucial support zone, most likely we should see a bounce from here and resume its uptrend. Hit like & follow guys;)
h4 timeframe price is bullish. falls becouse takenout trendline liqudity. only order block at extreme point. i will enter if in ltf any choch or flip or liqudity sweap entry.
Mahara seem was in a corrective pattern since IPO and looks to be forming the first 5 five impulse. I expect it to make one more up wave or decline from current prices to where it would correct lower to present a buying opportunity as indicated in the red box. Targets are the resistance lines above.
As shown in the chart, five waves impulsive has ended but it seems the subdivision of the 3 wave correction is missing one more wave down till 139.8 to finish the fifth wave of C leg of a zigzag. The targets are shown as a resistance lines.
After an impulsive move upwards, I expect a correction and the another impulsive moveto take out the previous high out. Fundamentally banks are going to benefit from higher interest rate as well as financing projects and individual investments in business ventures.
After advancing in an impulsive five waves up, I still see another wave down below early December low in 2022 to complete a 3 wave zigzag.
After finishing five waves up and correcting 3 waves down I expect an impulse of five wave up to a new high lead by consumption of airline fuel and construction machinary.
Due to the introduction of new airline and the influx of people related to all mega projects for Vision 2030, I expect a rise in sales of airline tickets
Due to the introduction of new airline and the influx of people related to all mega projects for Vision 2030, I expect a rise in sales of catering products.
This is my outlook for the stock into 2027-2029 based upon the projects KSA vision 2030.
there is wonderful investment opportunity on tasi stock ; there is a strong breach of the downtrend a restest of the area and a bounce from it with a correction on the same area fiboacci 50 YOU CAN SEE MY ANALYSIS MY PAGE
There is weakness signs after a good up trend: 1- Bearish Divergence 2- Bearish Break to VAWP 3- Doji candle for last month (monthly frame) possible for 2 scenario lead to retest 200 MA
Last week, TASI hold important level at 9950 which have been a solid support for it. As I mentioned before TASI in a minor correction (ABC) after a great rally after corona bottom. Now, almost finished the first leg (A) which formed as (W-X-Y-XX-Z) I think that TASI will pullback up as (B) will be a quick (ABC) targeting at least 11400 to 11800. 31May is an...
1year of correction still going strong.. we might see a pullback to 87 at most than heading to 61.8 which is act as a support. the main support entry which I recommend to wait for 49-55 levels.. Now, I see a little swing trade with a maximum STOPLOSS at 66 and targeting 80 levels. if there is a weekly close under 69.1 we might see 61.8 shortly be careful!
TASI Saudi Tadawul Index On the daily chart, having a resistance level as technical indicator RSI is being overbought, and applying Fibonacci retracement, the index is likely to correct either 23% (11550) or 38% (11460), then rebound. The next up wave will be begin after crossing up 11750, to target 12100 Note: The weekly and monthly charts are showing positive...
Classical C&H pattern formation Series of HH, HL Ride the trend. Trade with trailing SL Manage your Risk properly