Saudia
STRONG BUY SIGNAL ON /// AL JOUF CEMENT CO. MORE THAN 85 % ///The resistance level was breached today with a strong green candle and with strong liquidity, the rally is now likely. As long as it is above the vwap, the buyers are in control of the market, if the 8.95 level is broken. It is likely to fall strongly. With VWAP broken, sellers become dominant
Strong wave to the upside insha'allahif price reaches 16.14, we can see great movements to the upside for the next days.
1) Strong Volume of buyers
2) Price is following an uptrend
3) a Mini Support is being created
daily analysis of AT&T INCHi friends
I present to you a daily analysis of a very important market and as you see the graph shows that this market will know with a very high probability a downward trend with the vigilance of return
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analuse technique de MSCIsalut les amis
l'analyse de ce graphique nous montre que ce marché connaitra une forte augmentation dans les prochains jours avec une très forte probabilité il peut toucher le prix de 416.01 donc il est recommander de rester acheteur
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High Probability #SAUDIARAMCO "Saudi Arabian Oil Co" High Probability if the price break the 31.21 level going up to the 31.95 however if respect the green level and break the trend line the price will down to 30.46
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Oil Bullishness Likely to persist or Hangover about to end..We have seen that a massive upsurge in the oil prices in last trading session where oil has gained more than $5/bbl to touch highest level of $27.39/bbl, however this momentum was not sustainable and plummet from highest level to currently trading at $24.06/bbl 11:02AM (Pakistani Time). Therefore, this came to in a choppy session which force it to oscillate in range of $19 - $25 /bbl. This massive jump in the oil resulted amid news coming from USA regarding table talks between Saudia and Russia to build consensus about cut down the production by approx 10mn barrel a day to stabilize the oil prices, on the contrary, Russia officials didn't confirm this meeting yet which put pressure on Oil prices and force down to $24/bbl since the highest level.
STANCE would be "Stay Cautious" in long trades, oil will come down below $20/bbl mark and hit $15/bbl in our view. We are still intact with our initial stance on oil.
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