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...
The second scenario "which I wrote previously" could be valid, which we are in wave 2 and should see wave 3 coming.
When the price reaches 7.40 Saudi Riyal, we should respect the bullish bar on the monthly chart, and...
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
Saudi Re is in the third wave down, and it should target a target zone of 4.00 Saudi Riyal. We short the...
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...
A promising rally driven by the growth plan SRMG announced. It is planning to launch the Bloomberg Arabic TV broadcasting, bought shares in the UK leading newspaper The Independent, and is leading the media sector in its origin base Saudi Arabia. All supported by the history high up penetration after a huge deal on its stocks led to a 70% owned by non...
We believe that TADAWUL:3002 is witnessing an end to the correction of the 2nd wave, we should face a strong impulsive wave!
If we are right, then our entry should be at 9.30 with a loss stop of 9.14