Weekly chart, the stock formed a bullish chart pattern falling wedge, the target is 92.8, then 117.4 passing through the shown resistance levels Technical indicator MACD is positive and crossed its signal above zero line.
Hi, according to my analysis of Al-Rajhi Bank stock. There is a very good buying opportunity. The stock rebounded from a very strong area, which is the support at the 70 level. It also broke the bearish flag with a very positive green candle. It means a strong entry for buyers. good luck for everbody
1year of correction still going strong.. we might see a pullback to 87 at most than heading to 61.8 which is act as a support. the main support entry which I recommend to wait for 49-55 levels.. Now, I see a little swing trade with a maximum STOPLOSS at 66 and targeting 80 levels. if there is a weekly close under 69.1 we might see 61.8 shortly be careful!
Falling Wedge Pattern Watchout for Breakout Retracement from Golden Pocket considering Rally from Covid-19 and retracement HH, HL formation until top of falling wedge Resistance Bulls need to take control for further ride and breakout Entry at current level (Aggressive) or Watch for Breakout Stop Loss is specified Fib/Horizontal support Levels are specified...
The 15th of February , TADAWUL:1120 has broken above a key level (153.2) with huge bullish momentum , which triggered a sudden spike to around the 170 . After the quick spike ,price pulled back down to the 150.5-155.5 area which is an ideal buy zone with strong demand . Actually price is very likely to go up to the 179-180.5 area ,with the...
Its been in a range for so many weeks now, interesting part is its consolidating right near the resistance area that is around 150.00 if this rectangle breaks to the upside this would be a good buy chance. For now its in a no trading zone lets wait for the breakout candle. Hit like & follow guys ;)
Today we have a big chance to make some profit if we buy 1120. You can see my explanation on the chart . YOU CAN CONTACT FOR MORE INFORMATION: othmanejad00@gmail.com