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
Since SABIC’s founding in 1976 by a royal decree, it has exhibited a remarkable ability to do what others said could not be done. Ranked among the world’s largest petrochemicals manufacturers, SABIC is a public company based in Riyadh, Saudi Arabia. 70% of the company’s shares are owned by Saudi Aramco, with the remaining 30% publicly traded on the Saudi stock...
After the break-out of the bullish trend on 21 NOV,the price has been return to test the market again and failed to break-in the up trend instead,the price showed important reversal signs that confirme the start of the bearish trend: -Monthly fraim showed a spring box with a big upper wick on 3'OCT'21(the start of the bearish trend) -On daily fraim we can see...
It tried to cross a important gold ratio of FIB but could not and now its dropping down, no need to catch a falling knife lets wait for a proper up trend. For now stay away from this !! Hit like & follow guys ;)
Saudi Basic Indestries Corp was in up trend, after many of pull backs on this up trend, this up trend has been broked by an important candle as we see in the chart. At this moment, we see that it return to the trend line for testing. But we will see if it will do a pull back in the trend line and resume it down trend or if it will break it down trend. Actually...
Bearish Indicators 1- Bearish trend is confirmed after LL 2- three black crows at top trend reversal Bullish Indicators 1- Current price @fib 38% level of complete trend 2- Next Support @fib 50% (99.32) Trade Plan A Long @current price with SL @106.24 Trade Plan B Short @106.24 if 38% fib level is broken SL @113 TP1 99 TP2 84
we are in a long term uptrend .. the prices on a major support in a sensitive area, if we manage to break the horizontal resistance in white dots we can buy the market and double the buy on a possible retest on the horizontal white resistance which will become a suport .. to be continued
A short signal of SBIC in the next hour !!!!
The price is running parallel with the new uptrend line and the possibility of a slight bounce from 120.73 level and completing the path towards the target
My advice to everyone who bought the stock previously, do not keep it more, as it is likely that it will reach greater than this level in the coming hours, God willing And if you are confused about whether or not to buy the stock This is a good opportunity to buy after he breached important resistance This resistance is currently protecting your position because...
The strong break of the previous support indicates the strength of the trend, an excellent buy position on this stock
Humbled, we would like to thanks for your support who has already liked, commented and followed us. Your support, strengthens us, to help in analyzing the market. If you have any questions, do not be hesitant to send us message (inbox). Again, We have also provide signal recommendation with detail instruction 2010 (TADAWUL) - Bullish Trend
Humbled, we would like to thanks for your support who has already liked, commented and followed us. Your support, strengthens us, to help in analyzing the market. Do not be hesitant to send us message, if u have question, or any request for stock analysis. 2010 (Saudi Basic Industries) - TADAWUL - Bullish Prediction