Is it the end of bullish cycle?
If we look at the bearish divergence with RSI, we definitely say YES! (or may be NO)
Al Hassan Ghazi Ibrahim Shaker Company produced a super-strong bearish signal in the form of bearish divergence pattern.
These signals are pointing towards a correction, a very strong correction towards the confluence of support lies at 0.382...
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 0.7 of the fibb and this week it...
Shaker TADAWUL:1214 continued to rise after spotted RSI divergence.
Price has crossed resistance points 21.12 and 21.54 and now trying to reach 3rd point at 22.86 which intersects with the lower trend and resistance point at RSI.
In case of breakout the following are potential targets 24.74 channel point and 27.12 point of triangle breakout
supporting...
TASI TADAWUL:1214 1214 Shaker
After target reached for 1st bearish flag and near 2nd bearish flag a divergence using RSI divergence strategy as shown on previous post.
Updated Logarithmic and Fibonacci Multiples with possible targets are indicated on the chart.
MACD and RSI points are also indicated.
Current price 20.84 is at center point of the...
TASI TADAWUL:1214 1214 Shaker
target reached for 1st bearish flag. possible 2nd bearish flag target and/or divergence for long term
Logarithmic and Fibonacci Multiples and possible RSI divergence as indicated on the chart
with possible targets
