FAWAD ABDULAZIZ ALHOKAIR CO.–LONG TRADE (2nd STRIKE) 4/7/20254240 FAWAZ ABDULAZIZ ALHOKAIR CO. – LONG TRADE (SECOND STRIKE) | 04 JULY 2025
TADAWUL TRADE SIGNAL
After achieving all targets in our previous First Strike call, 4240 has now set up for a compelling Second Strike. The current price structure is showing strong continuation potential, with high-probability momentum likely to resume from this support zone. The risk-reward ratio remains highly favorable.
📌 Execution Strategy:
Caution: Please buy in 3 parts within the buying range. Close at least 50% of your position at TP1 and trail the stop loss to protect profits in case of unforeseen market conditions.
📢 Disclaimer: Do not copy or redistribute signals without prior consent or proper credit to The Chart Alchemist (TCA).
✨ Kindly support our efforts by boosting and sharing this idea!
2290 Bullish Wolfe WaveA clean bullish Wolfe Wave setup is emerging, with price action completing the fifth wave just outside the channel – a typical trap zone before reversal.
Wave 5 shows early signs of a bullish reaction, suggesting a potential move toward the target line drawn from points (1) to (4).
Bullish Monthly Candle Expected?4210 Analysis
Closed at 178 (24-06-2025)
Monthly Closing above 173.20 would be
a very +ve Sign.
Crossing & Sustaining 181 on Weekly Basis, may
result in further upside towards 200 - 205.
However, it should not break 136 now; else we
may witness further selling pressure towards 110 - 111.
ARAMCO is BullishPrice is in a strong downtrend printing lower lows and lower highs continuously. However, the eight month long trendline seems to be breaking. Moreover, accumulation at current levels is also an indication that bulls are trying to assume control of the price action. If previous lower high is broken with good volume then we can expect a bullish reversal as per Dow theory. Targets are mentioned on the chart.
Stock is in DownTrend but ..4013 CMP 254.20 (15-06-2025)
Stock is in DownTrend but it Beautifully hit Channel
Bottom & Bounced.
Currently at a Good Support level.
Now the Immediate Resistance is around 256 - 257
& then around 270.
Crossing this level & Sustaining on Monthly basis would
lead it towards 283 - 285 initially.
However, should not break 253 - 254.
Though Bearish in Trend, but ..
Closed at 23.38 (03-06-2025)
Though Bearish in Trend, but Strong
Bullish Divergence appearing.
Currently at Important Support level.
Very near Stoploss level; around 23.20
on Closing basis.
If this level is not broken, we may
witness reversal towards 24 & then around
25 - 27.
Bullish divergence on daily tf.
Closed at 26 (03-06-2025)
Bullish divergence on daily tf.
Weekly closing above 26.40 - 27 would
be a positive sign.
If this resistance is crossed with good
volumes, we may witness 29 - 30 initially.
On the flip side, closing below 23.70 would
bring more selling pressure.
6001:HALWANI BROS. AT IMPORTANT PRICE LEVEL6001: HALWANI BROS is currently at an important price level in the weekly timeframe.
The price range of 43.2-42.9 (fib level of 0.786) has historically been tested 2 times earlier as well. Phenomenal bounce in price can be observed whenever price reached at this level.
Also note that RSI indicator is heading towards oversold range (less than 30) same as recorded on 11th Dec 2022 and 29th Oct 2023.
Hope the price does the same this time around.
Best of Luck!!