Based on one of my followers request:
***( I don’t hold any positions in the stock).
1. *The stock: Is in a favorable position technically, possibly near a support level and showing bullish patterns.
2. **Entry Strategy**: Enter the trade at 81.5, such as a breakout from a consolidation pattern or a rebound from a support level.
3. **Stop Loss Strategy**:...
The Saudi Arabian stock market, represented by the Tadawul All Share Index (TASI), has recently demonstrated a compelling show of resilience and strength. After a concerning false breakdown, the index has rallied from the bottom of the upper trend channel, sparking intrigue and enthusiasm among market observers.
The intricacies of this rebound cannot be...
The performance of Nahdi has been outstanding, showing a strong upward trend, which is reflected in the rising stock price. After analyzing the chart, I've identified key targets indicated by the red lines. To manage risk, I've set the stop loss at 140. This setup captures the growth momentum while safeguarding against potential downturns.
Subject to close above 12700, the next target will be as follow:
the first target for standard pattern ( BAT) @ 13500
The second target for non standard pattern ( Anti Shark) @ 14400
Good luck for all,
Filing and Packing Materials Mfg Co, with ticker 2180, is capturing attention in the Process Industries sector, particularly in Containers/Packaging. The stock, currently priced at 57.8 SAR, is part of a vibrant industry that has seen a surge in demand due to the rise in e-commerce and sustainable packaging solutions.
Financial Snapshot:
EPS Growth QoQ: A...
Astra Industrial Group Company, trading under ticker 1212, is a prominent entity in the Health Technology sector, specifically within the Pharmaceuticals industry. The company’s stock is currently valued at 165.6 SAR, with a market capitalization of 13.25 B SAR, reflecting its substantial market presence.
Financial Highlights:
The company has demonstrated a...
National Gas & Industrial Company, listed with ticker number 2080, is currently making waves in the Utilities sector as a Gas Distributor. With a current market price of 87.7 SAR and a robust market capitalization of 6.58B SAR, it stands out as a significant player in the market. The company’s financial indicators are promising, with a 9% growth in EPS and a 10%...
The National Company for Learning & Education, with its ticker 4291, operates within the Consumer Services sector, focusing on Other Consumer Services. The stock is currently priced at 176 SAR, with a market capitalization of 7.57 B SAR, indicating a significant presence in the market.
The company exhibits strong financial health, with a Quarter over Quarter...
“TASI’s daily chart presents a bullish signal with an inverted Head and Shoulders pattern forming. A successful break above the neckline could initiate a climb towards our primary target at 13036, followed by a secondary target at 14082.
