TASI Analysis for End of Year
I personally see very good move to 8500 if this week we will break 8500 then in general we have confirmation that Tadawul KSA will close above 8700 by New Year. The move to 10000 mark will be open as soon as 8700 be penetrated. There is no Bearish signals, or Bearish pressure on market. Hawamer are buying until next year with huge amounts. Many good stocks will reach huge targets 7010 will be 120 Sabic will reach 110 and then next year 140. So watch carefully for fat green line on 8500.
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