Jarir Marketing Company (4190) shows rejecting after cross over seemed in MACD. Support level is at 15 from where pull back can be seen. In a longer term price can test descending trend line around 16.80. To manage risk, a recommended stop-loss can be placed below 14.10.
Daily chart, Jarir stock is about to cross the resistance line (BLUE), then the target will be 17.20
Already a double V bottom formed and the target is 16.10
MACD is very positive, indicating upwards direction.
Stop loss below 14.9 should be considered.
Al Jarir Marketing shares are on the rise, with prices tapping their resistance levels and on their way to the moon.
Al Jarir Marketing shares in a bullish trend, with prices breaking through their resistance levels. This is a sign that the rally is just getting started, and the shares could reach new highs in the coming months.
NO LIQUDITY SWEAP NO ENTRY.
STRUCTURE IS CHANGING ANYTIME.
EVERY CANDLE HAS LIQUIDITY.
PRICE ALWAYS NEED LIQUIDITY.
Nobody Knows Where is Price Going.
Hey traders, here is the analysi.
If you guys like my analysis please hit like?? and follow.
Thanks.
SMART MONEY CONCEPT.
identify Liquidity Or Become Liquidity
DISCLAIMER- This is not financial advice.
Nobody Knows Where is Price Going.
Hey traders, here is the analysi.
If you guys like my analysis please hit like?? and follow.
Thanks.
DISCLAIMER- This is not financial advice.
SMART MONEY CONCEPT.
identify Liquidity Or Become Liquidity
Nobody Knows Where is Price Going.
Hey traders, here is the analysi.
If you guys like my analysis please hit like?? and follow.
Thanks.
DISCLAIMER- This is not financial advice.
SMART MONEY CONCEPT.
identify Liquidity Or Become Liquidity
hello
if it breaks 180 strongly you should be seller otherwise it will follow the uptrend of its corridor and go up
so 2 scenareos are possible and it is up to you to follow just the willing of the market,
remember that we dont have cristall ball predecting markkets future but we try to be more efficient and more rational in our trading.
goodluck
I've seen the same scenario many times in the market. The level of 1.13 fib considers a harmonic failed impulse wave. to reach the desired price it might take 6 months or even a year from now.
I still want to go long in Jarir Saudi stock at 126 riyals per share
