Falling Wedge Breakout Observed Short term and long term Bullish setup is available HH, HL formation Wait for HL formation for Entry or at current level Stop Loss is specified Same setup for new entry if reach SL Fib/Horizontal support Levels are specified for TPs Ride the trend and Trail your stop loss Manage your risk properly
Falling Wedge Breakout in play Entry at current price (Aggressive) Wait for HL formation/Retest of trendline (Conservative Entry) Dow Bullish trend in continuation Above 50 EMA Strong Horizontal supports (Weekly) are specified; Watchout levels as S/R Fib Levels are specified for TPs Trade with proper stop loss Ride the trend with trailing stop loss Do proper...
It broke downtrend with a bullish momentum and started making new higher highs and higher lows # Bullish Indicators - Green candles from trend line support - Breakout from downtrend ### Trade Plan 👉 Entry: 89.4 💰 TP: 93 🚫 SL: 84
A bearish scenario for SABIC targeting 30-20 Riyal
Potential Harmonic Pattern "Shark" Targets are shown on the chart.
It appears to be in down trend. Monthly support and resistance are marked in blue color. Weekly support and resistance are marked in yellow color. Bullish hammer candles are also formed and around 5% short term gain is expected.
SABIC appears to be in a downtrend. There is no clear pattern according to Dow theory. It is not making HH and LL but bullish hammers are formed and a short term gain (2%-4%) is expected followed by a downtrend.
Converging trend line and divergence on Klinger Oscillator suggest trend reversal Buy: between 84.5 till 86.2 TP: 89.60
Stop loss and targets are in the chart, DYOR, this is not a financial advice, Good luck..
Hello ladies and gentlemen, according to my analysis of the company saudi basic industries corporation There is a high potential for the company's value to rise to 106 Saudi riyals
According to what we can see in the chart 2010 is in trading rangeand we are now in the middle so we can sell short and take profit at the bottom and then wait for reversal signal and buy
Sabic targets is 96 I believe there is a taget in 87 but i dont think it will reach it
TASI will fallback with Blue chip stocks . GL HF trade save
SABIC ON 1D Farm , crossing 133 witch is the green trend line will Bush it to 145 133> 145 ———————— 126.40