Aramco
DON'T BUY 2222Dear Saudi Traders,
Since Tomorrow is the day most of you are going to analyze their charts and place their ordres, I'm sharing with you the markets you can't buy for this week.
The 2nd one on the list is 2222, you can see on the chart that the market has just pulled back on the strongest candle we have which plays the role of a strong level on the market.
Plus, you pay attention for the volume which is still low to ride a Bullish move on the market.
We'd be expecting the market to come lower to reach the level 26.80 before heading up again.
Follow for more!
DON'T BUY 2222I got questions from people if they can buy 2222 or no,
My answer is don't buy it, and if you have any position you're holding just close it since the stock is still pushing downwards and there's no indication now to buy.
You can notice on the volume that the sellin power is still high so there's no point of buying now.
For further question or suggestions for stocks to buy, don't hesitate to ask!
Saudi Arabian Oil Co / AramcoMarhaba
Saudi Arabia stocks were lower after the close on Sunday, as losses in the Cement, Hotels & Tourism and Energy & Utilities sectors led shares lower. at the close in Saudi Arabia, the Tadawul All Share lost 0.17%.the best performers of the session on the Tadawul All Share were Wafrah for Industry and Development Company SJSC (TADAWUL:2100), which rose 5.74% or 1.75 points to trade at 32.25 at the close. Meanwhile Aramco couldn't break 32.40 now heading to lower level 31.50,as you see we still in down trend, the biggest support level for Aramco is 30$ and I think its one of the good buy zones too
Crude oil for March delivery was unchanged 0.00% or 0.00 to $80.11 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March rose 1.74% or 1.46 to hit $85.49 a barrel, while the February Gold Futures contract rose 1.29% or 24.55 to trade at $1,923.35 a troy ounce.
DON'T BUY 2222Dear Saudi Traders and Investors,
Last week I posted that you still can't buy 2222 since it is heading down after that it pulled back on the resistance line at 32.10.
As I always tell you, don't buy stocks that will take your money. Get a consultation before you buy a stock. I get too mayn questions from people who bought at the wrong time an lost all their money.
Please don't buy wrong stocks.
In case you got any questions don't hesitate to ask!
DON'T BUY 2222Aramco (2222) is one of the stocks I recieve messages about from people who have bought and now they're in loss.
You can notice on the chart that the market is currently below the strong level we have at 32.10, for now there's nothing you can do about it unless your broker allows you to enter with short trades.
My private community and I cureently are not seeking to enter on 2222 and 1120 since all there are no buying opportunities on them, anyone who have bought in them will face losses during the next days.
Don't hesitate to ask if you got any questions!
DON'T BUY ON 2222Dear Saudi Traders and Investors, it's been a while since I last posted about any market.
Today I'm giving you some updates on Saudi Stocks.
Starting with 2222, as you can see on the daily chart, the price is currently on the tough support level we have at 32.85 with the highest volume we have in the period of the past 2 months. What you got to do now is you wait for the price to come back up with a confirmation of the pullback then you can get in with your position.
Don't hesitate to ask if you got further questions!
ARAMCO 2222 is preparing to cross 33.7, then 35, 36.7On the daily chart, ARAMCO 2222
is preparing to cross 33.7, then 35, 36.7
The stock may test support 33 - 32.5 then rebound.
Technical indicators RSI and MACD are supporting this view.
Above 37, the next target will be 43.5 (weekly range)
Stop loss at 32.5 - 32 should be considered.
Aramco has a potential to go up more and moreHello dear investor
As you see on my chart 2222 will probably raise to reach its 32.75 and 42 levels
Keep in mind that 2222 breaths its 50% corridor evolution so when we notice breaks out of these coridors it will reach the next key levels on blue color.
Remember dear ionvestors that I am not using cristal ball to predict future markets but I try to be more efficient and more rationnal.
Good luck and if you like my posts ecourage me and feel free to ask me analysis for any market you want
OIL: $66 | a Global Indicator of Economies & Politicswhen oil is above $50 nations are busy producing goods
as the demand for the sweet crude in emerging markets accelerates
the pullback is necessary to maintain cost of production
otherwise it would be expensive for new economies to compete with developed nations
low priced oil means VOLUME play for producers and the middlemen benefits
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this is also timing for ARAMCO's IPO come 2020 just right to showcase the power of leader
ANALYSIS ON 2222Dear Saudi Investors and Traders,
You can notice on the chart that the price made a pullback on the tough resistance level we have at 34.65 and now it's heading to the support level we have at 32.85.
For now don't buy 2222, wait for it to give you a sign to buy then get in the stock, otherwise you can buy on the other stocks on which you have good opportunities to take.
For further questions, don't hesitate to ask!