the best configuration ever to get prepared to take a long position on UNITED ELECTRONIC CO
nothing interesting with SAHARA INTERNATIONAL PET until it's getting out of the range
BANK ALJAZIRA is done with the filling of the previou gap, now we can expect a trend up
It is expected that the price will move up to 43. This is considering the wyckoff structure being fomed. I will be in on opening. :)
SABIC AGRI is still bouncing and tries to go through this important level, so whatever was your situation, you can't take any decision for now
Tadaeul is potentially targeting 294 after a correction from the top. We expected it to drop to 262 and bounce back from there. Tadawul Company benefits from the introduction of new companies in the Saudi stock market, the entry of new traders, the increase in trading volumes, and the licenses to provide real-time price and historical data services.
Initially, 8010 showed a bullish trend followed by a distribution phase. Subsequently, it resumed its bullish trend and has been adhering to the trend line so far. However, recent testing of the trend line prompts the need for analysis to determine whether it will turn bearish or continue to track along the trend line.
ACWA POWER is getting exhausted from pushing up you may sell what you have bought and even forecast a sell for the coming times
this chart for Hammadi hospital in KSA, showing bullish trend on 1H timeframe.
again a gap needed to be filled before continuing its path to the top
since 2020, the ALINA BANK has shown an interesting deals what affects it development during this previous period
based on a previous data, SAUDI GROUND SERVICES is probably gonna try to fill the gap made before taking off to the blue level drawn since it shows this actual momentum
As it's showing a stock in an uptrend, the stock enters a correction phase but rebounds to Fibonacci levels. However, it's worth noting that the volume is not supportive, unlike what we observe with other indicators, especially MACD, which will give a buy signal if the next candle confirms with a green. Similarly, in Bollinger Bands, touching its support level,...
Stock in consolidation phase if stock goes upward then we will take position but due to volume still undecided
Monthly Bearish Divergence However, tested the Breakout level around 308 - 309 Entry can be taken with a Strict Stoploss of 300 on Closing Basis
after franchising this important level with an interesting momentum the JAMJOOM is tending to stay up this area and keeps moving up