Shaker TADAWUL:1214 continued to rise after spotted RSI divergence.
Price has crossed resistance points 21.12 and 21.54 and now trying to reach 3rd point at 22.86 which intersects with the lower trend and resistance point at RSI.
In case of breakout the following are potential targets 24.74 channel point and 27.12 point of triangle breakout
supporting...
A lack of selling power and I expect a bullish retracement wave and a buying opportunity with a close stop loss....Purchasing is your responsibility and I am not responsible for your purchase
Alhamdulillah , The deal was closed on Eastern Province Cement ( 3080 ) in TADAWUL KSA with a profit of 3.76% in a week . I wish good luck to everybody.
Hello ladies and gentlemen, according to my chart analysis of Aramco stock, I recommend to keep Saudi Aramco shares in your portfolio because there is a high probability of reaching over 42.00 in the next few months God willing.
Hello everyone.
I think Al Rajhi is running in corrective wave (4) and it is mostly FLAT.
Now subwave (A) is finish and it is about to rise again to the target zone (105-110) SR to finish subwave (B).
After that it will make final drop to the target zone (84-86) SR to complete its correction.
Once correction is done, it is expected to go up in wave (5).
Trade...
The presence of divergence between the last two troughs and the breakout of the reward of a bearish wave = an uncertain upside opportunity, so it is necessary to adhere to risk management in entering
Alhamdulillah , The deal was closed on Saudi Electricity ( 5110 ) in TADAWUL KSA with a profit of 6.04 % in a 1 week and 2 days . I wish good luck to everybody.
You can buy it Target 16.3 and 17.45 stop loss 13.79 money management is your responsibility I recommend entering a maximum of 10% of the portfolio. good luck
TASI TADAWUL:6020
target reached for bearish head and shoulders. target reached for bearish triangle. potential RSI divergence.
Logarithmic and Fibonacci multiples and important points with possible targets are indicated on the chart.