Saudi stock market in down trend since 2006 and seems to be very poor market ad dangerous for investors
I BELIEVE, IT WILL CONTINUE THE PATTREN REGARDS, Z.ALNAJJAR
National Industrialization 2060 is today's trading session and is down slightly by 0.23% at 17.10 levels so far. Technically, the ascending trend has been tested for a few days, forming two consecutive floors, unable to break it as a support level and rising to current levels while remaining calm until it gathers momentum to test the resistance level represented...
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...
Hello traders, I will start publishing some education charts for those who face some difficulties in applying Eliotte wave. I chose to start with ending diagonal because it's one of my favorite patterns. especially when it come as wave C in zigzag pattern As you see in the chart, when you start recognize formation of ED, it's good to start watching this stock...