After the price broke its historical peak Al Rajhi Bank shares are preparing for a correctional journey with prices that are very suitable for those who are ready to invest in this bank.
Orange levels are very good to buy the stock. TADAWUL:1120
Dear Saudi Traders and Investors,
I'm sharing with you some of the stocks you can't buy currently since you will lose your money if you do so.
Here on 1120 as you can see, the stock is consolidating in between the strong levels 90.5 and 81.3, for now you can't do anything unless the price crosses one of the levels.
Check out my profile for more stocks you can't...
Dear Saudi Traders and Investors, it's been a while since I last posted.
Today I'm sharing with you this analysis since I got asked by some of you and my private community members about A BUYING opportunity on 1120.
You can see on the chart that 1120 is currently consolidating for the last 2 monts, you must wait for it to break the channel.
For further...
Weekly chart, the stock formed a bullish chart pattern falling wedge,
the target is 92.8, then 117.4 passing through the shown resistance levels
Technical indicator MACD is positive and crossed its signal above zero line.
Dear Saudi Traders and Investors,
As you have read on the title, don't buy 1120 this week, you can see on the chart, the price is currently on the tough resistance we have at 83.2, since it has a high volume, we must wait for the price to give us a confirmation that it will continue on its way up. If not this MIGHT be a pullback, however there's a high...
The chart pattern shows rejection in price after testing resistance level of 77. MACD is shifting from bullish to bearish. The price can test support level around 71.
The Tadawul All Shares Index (TASI) closed the latest weekly session at 11,225.35 , marking a positive gain of 47.87 points (0.43%) . Currently, the index is testing desending trend line. The index shows low activity with a small candle body which indicated rejection can be seen in upcoming sessions. A bearish pattern is evident until the 10,400 support sustains....
Hello ladies and gentlemen, according to my graphical analysis of AL RAJHI BANK, there is a high probability of a decline towards the 68 SAR level in the next few months!
Dear Saudi Traders and Investors,
I'm sharing with you today analysis on some stocks you can't buy currently since you will end up by losing your money. Buy on the other stocks on which you have an opportunity to buy, before you do make sure to get you a good consultation!
As you can see on the chart, the stock broke the level 0.6 a month ago and now it still...
Dear Saudi Traders and investors,
Yesterday I posted about a stock you can't buy since it's going down, today I'm sharing with you some of the stocks you can't buy until it gives an entry point.
You can notice on the chart that the price broke the support level we have at 70.5 and now it's heading towards 61.8, for now don't buy, wait for the appropriate entry...
We notice that we are in the process of a correction to the upside, and there is an increase in the buying momentum, and we wait for the selling momentum to weaken in the correction, and we buy and there is divergence
Hi, according to my analysis of Al-Rajhi Bank stock. There is a very good buying opportunity. The stock rebounded from a very strong area, which is the support at the 70 level. It also broke the bearish flag with a very positive green candle. It means a strong entry for buyers. good luck for everbody
1year of correction still going strong..
we might see a pullback to 87 at most than heading to 61.8 which is act as a support.
the main support entry which I recommend to wait for 49-55 levels..
Now, I see a little swing trade with a maximum STOPLOSS at 66 and targeting 80 levels.
if there is a weekly close under 69.1 we might see 61.8 shortly be careful!
Good afternoon dear Saudi investors, since this week is a holiday, I said why not to share with you some quick analysis on 3 of your local markets.
As you can see here on 1120, the price kept consolidating in a channel for the last 4 months, in this case I told my customers 2 months ago not to buy it until we get a confirmation of the breakout of the channel,...
we can enter gain in the area of 70 riyal
a big buyer appeared here inn this area before with high volume , AND he was able to stop the downward volume for some candlesticks.
we think it will retest this area , the buyer will appear again and will shift the trend .
we mus have a stop loss at 68 riyal perstock
