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PRL displays a promising bullish pattern characterized by the break out from its trend line and establishing Cup & Handle pattern. Our plan entails accumulating the stock within the designated buy zone (27-28 range), while setting stop loss orders below 26. To guide our trading decisions, we've delineated two distinct targets: an immediate target around 32 upon...

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PIBTL displays a promising bullish reversal pattern characterized by the formation of an ADAM and EVE pattern. Our plan entails accumulating the stock within the designated buy back zone (6.50-6.80 range), while setting stop loss orders below 6 to manage risk effectively. Anticipation builds for a substantial surge in momentum upon the breakout from the neckline,...

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ZAMIL shares have been reaching higher peaks, while the Commodity Channel Index indicator is showing diminishing highs, indicating a bearish divergence pattern on the weekly timeframe. This pattern suggests the beginning of a downward trend. Confirmation of this trend would occur if the price breaks below the support level of 23.70 SAR. Conversely, if the price...

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🚀 Stock Alert: NML 📈 Investment View: Technically Bullish 📈 🔍 Quick Info: 📈 Buy Level: 66 🎯 First Target: 70 🎯 Second Target: 73 ⚠ Stop Loss: 62.50 ⏳ Nature of Trade: Mid Term 📉 Risk Level: Medium ☪ Shariah Compliant: YES 💰 Dividend Paying: YES 📰 Technical View: Presently, NML has retracted from its upward trend line, culminating in a closing price of 66.07 in...

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Inverted Cup is a fairly rare but very reliable bearish pattern. It is formed at the end of a long-term bullish trend and usually gives a signal of a market reversal. The upward trend in prices with a gradual slowdown. In the classical case it should represent a smooth arc. A rounded bottom is, in simple terms, a dumping of a position by large market...

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In the context of a cup and handle pattern, the cup materializes as the value of an asset undergoes an initial ascent, subsequently followed by a gradual descent, culminating in a rounded bottom reminiscent of a "U" shape. Presently, the price action is demonstrating the formation of such a "U" shape, with an anticipated completion near the 403.90 mark. Following...

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The Tadawul All Shares Index (TASI) concluded the previous week with notable performances across its key indices, experiencing a loss of 1.60%. This resulted in an accumulation of 203 points, settling the index at 12,502. Notably, the index has shown rejection from 12,883 which will acts as resistance for the upcoming session for the index. If this resistance...

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Saudi National Bank displays a promising bullish reversal pattern characterized by the formation of bullish flag pattern and divergence with RSI. Our plan entails accumulating the stock within the designated buy zone (37.50-37.70 range), while setting stop loss orders below the bottom of support around 36. Anticipation builds for a substantial surge in momentum...

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Saudi Arabian Oil Company displays a promising bullish reversal pattern characterized by the formation of bullish divergence with RSI. Our plan entails accumulating the stock within the designated buy zone (29.50-30 range), while setting stop loss orders below the bottom of support around 28.50. To guide our trading decisions, we've delineated two distinct...

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WAVES displays a promising bullish reversal pattern characterized by the formation of Cup & Handle pattern. Additionally, the stock price is supporting its ascending trend. Our plan entails accumulating the stock within the designated buy zone (7.20 - 7.50 range), while setting stop loss orders below the bottom of its CUP around 6.50 to manage risk...

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ACM shows rejection from its resistance level lies around $3.25 and currently trading around $2.4 which looks attractive for short term and long term approach. Initial target can be consider at previous resistance of $3.25. Upon breaching, according to Adam & Eve pattern, next target will be around $4.8.

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🚀 Stock Alert: PAKRI 📈 Investment View: Technically Bullish 📈 🔍 Quick Info: 📈 Entry Level: 12.50 🎯 First Target : 16.58 🎯 Second Target : 19.60 ⚠ Stop Loss: 11 ⏳ Nature of Trade: Swing Trade 📉 Risk Level: Medium ☪ Shariah Compliant: NO 💰 Dividend Paying: YES 📰 Technical View: Currently, the price is testing the support level at approximately 12.50, which...

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MLCF is currently exhibiting indications of a breakout from its descending trend line, indicative of a shift towards an uptrend. A notable supply zone is situated around the price level of 50.90, which may present resistance and necessitate a decisive breach to facilitate further upward movement. The substantial trading volume is reinforced by a notably strong...

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We're looking at two possible outcomes based on the flag pattern we've noticed in MLCF stock. Firstly, if the stock price breaks out and closes above 38, it confirms the flag pattern. According to this pattern, the initial target could be around 43. If the pattern completes, the target could go up to around 50. On the other hand, there's a chance the stock...

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AIRLINK is trading in a fine bullish trend after the break out of descending parallel channel. First support is at 30 if it breaks then it can test it's major support in weekly time frame at 23. However, first resistance is at 33 if it breaks then second resistance is at 37.50. RSI ia at over bought level and MACD shows bullish sign.

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The bullish pennant is a continuation pattern in technical analysis that typically forms after a strong upward price movement. It is characterized by converging trendlines that resemble a small symmetrical triangle or a flag, with the flagpole representing the prior price move. Confirmed when the price breaks above the upper trendline of the pennant. The potential...

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🚀 Stock Alert: *AIRLINK* 📈 Investment View: Technically Bullish 📈 🔍 Quick Info: 📈 Buying Range: 62.50-63 🎯 First Targets : 68 🎯 Second Targets : 72 ⚠ Stop Loss: 57.50 ⏳ Nature of Trade: Short Term (Scalping) 📉 Risk Level: Medium ☪ Shariah Compliant: YES 💰 Dividend Paying: NO 📰 Technical View: Observation of a retracement from the retest of its trend line is...

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IguVerse, or IGU, is like a digital world with three main stories: AI, gaming, and special digital assets called NFT 2.0 (RWA). It's valued at $1 million in the market. IGU is a mix of gaming and technology that lives on the internet. It's all about games, special digital items, and new technology called web3. A company called DWF Labs gave IGU a lot of money to...