Recap of my trade for today on ZB1!Good afternoon and good evening dear traders!
At the morning I shared a post where I said to sell ZB1!, it's too late but you still have made some profits if you got in early. For my clients and I it was a good day in ZB1! and NATURAL GAS, we could make some good profits on the 4% drop of the NATURAL GAS and on the 1% of the ZB1!, I didn't share the NATURAL GAS one since I already posted the ZB1! one and I can't give the trades I give privately.
See you tomorrow on another forerecast!
If you got any question don't hesitate to ask!
Saudiarabia
TASI how to trade the downtrend in TadawulSaudi stock market, also known as Tadawul, is the largest in the Middle East, and it has been in spotlight due to various economic reforms aimed at diversifying the country's economy and reducing its reliance on oil exports. The government's Vision 2030 plan includes initiatives to attract foreign investment, develop non-oil sectors, and privatize state-owned companies, which could contribute to the growth of the stock market.
Technical analysis:
- TASI has enjoyed a bull run to reach highs of 14,000 in May-22 from the Covid lows of 5,600 in Mar-20
- It is in downtrend since last 10 months and next support level is pre-Covid peak of May-19 at 9,386
- On daily timeframe, 200 DMA support is broken and price is headed downwards
- Volume is below average
- Negative directional movement
Strategy:
Price is trading in descending channel. Below strategies can be useful:
- Sell the top of channel
- Buy at the bottom of channel
- Buy if the price breakouts above the channel
Recommendation: SELL
Recap of my trade on NATURALGAS Good afternoon and good evening dear traders!
Congrats for those who could ride the down trend on the NATURALGAS for today. I posted in the morning an analysis where I said to sell NATURALGAS, as you can see it went down for 4% and that was a good profit for the beginning of the week, my customers and I could touch 5000$.
We closed after we got a squeeze of sellers and gathered our profit.
For more questions don't hesitate to ask and I'll be answering with pleasure!
SELL NATURALGAS Good morning traders!
This morning I'm sharing with you the trade my clients and I got in on NATURALGAS, I used to share the CL1! but since it's already on the move I'll keep waiting for a new trend to begin.
Well, as you can see the price was consolidating before breaking the channel, once it did with a high volume, it decided to come pull back on it, if you're already in you can add another position.
Recap of my trade for todayGood afternoon traders!
This morning I posted to sell CRUDE OIL (CL1!) QUITE HIGHER and BEFORE EVEN GETTING A CLEAR VIEW for what's happening on the market.
I got a message on twitter from someone said that it's impossible for it to go down since the market is higher and it all shows that it will keep climbing up, my answer was "keep watching the chart for the rest of the day" and here it is.
I hope someone could see the post I posted and followed me when I said sell CL1! so he/she can make some profits.
For me and my custommers we made good profits today on ceveral markets and they're happy about that. Happy custommer = happy me lol.
Well, see you monday on another forecast and as I always see on my posts, if you got any question don't hesitate to ask and I'll be answering with pleasure.
I might post some analysis tomorrow for Arab stocks, stay tuned if you're interested!
Wish y'all a great weekend!
SELL CL1!Good morning CRUDE OIL traders!
I'm sharing with you onr of our trades for today and it's on CRUDE OIL, as you can see on the chart after the squeeze of buyers with a high volume now the market is dropping.
Bonus: Pay attention to the support line I drawn, if the price pulls back on it you close, if not you add another position.
Set TP and SL at your own risk
If you got any question don't forget to ask!
Don't hesitate to ask for an analysis on a specific market!
SELL CL1!Good morning CRUDE OIL traders!
I'm sharing with you again my trade on CRUDE OIL this morning, as you can see on the chart there's a breakout of the channel the price was consolidating at all the past hours.
TP and SL set them at your own risk.
In case you got any question don't hesitate to ask!
Quick analysis on BURGAN BANKGood afternoon dear Kuwait inverstors!
I saw people on a group arguing on whether they buy BURGAN BANK stock or no, I made this analysis to share my thought with you.
You can see on the chart that the price kept going down on a channel for the past 9 years, Aug 2022 it did what we call a squeeze on the system I follow. Currently, the market is consolidating and we'll be waiting for it to break the channel to see if you must buy the stock or no.
For more questions on any market you want don't hesitate to ask and I'll be answering with pleasure!
Analysis on MASRAF AL RAYAN Good afternon dear Qatari investors, I want to share with you this analysis I have made on MASRAF AL RAYAN QPSC stock on the monthly chart where you can notice that the price have made a squeeze of sellers with the highest holume in mo,ths followed by a little spring box, waiting for this month to end to get the confirmation to buy the stock.
For more analysis on secific markets don't hesitate to ask and I'll ba answering with pleasure!
An analysis on ACHIKO NI made this analysis yesterday for a client and he said you can share it to public, as you can see on the chart the price came down to 0.0394 level to pull back on it multiple times, last week it managed to cross it with the highest volume in months, that might signify a squeeze as it might be another drop for the stock. Time will tell which one it is since I'm keeping my eye on the stock for the client i made this for and I'll keep you updated once I get the confirmation from the chart.
If you got any question or want an analysis on a specific chart don't hesitate to ask I'll be answering with pleasure.
Recap of my trade for todaygood afternoon and good evening traders, I'm sharing with you the recap of my trade for today on CRUDE OIL, today I posted it too early than usual since my custommers and I got in multiple markets and were already on profit at the moment we got in this one.
The reason why we sold is theprice pulled back on thet resistance line which is provided by a tool I can't share to public, after we got what we call a squeeze on the trading system I follow we closed and ended the day with good profits, however yesterday was perfect, I didn't post since I got new custommer I was setting the chart with.
See you tomorrow on a new signal !
In case you got any question don't hsitate to ask!
SELL CL1!Good morning traders, today I'm sharing with you a quick analysis on CRUDE OIL for day traders, as you can notice on the chart, we have a resistance line provided by a tool my mentor developed (I only share it with my private clients), the price came back up to retest on it to continue its way down.
SL and TP set them at your own risk
For more questions don't hesitate to ask.
Quick analysis on 8040I'm sharing with you an analysis I have made onths agoand kept private, as you can see on the chart the price came down to pullback on the tough support we have at 12.91 multiple times then managed to break the resistance line with the highest volume in months, then it managed to make a pullback on the vwap last week to continue climbing up.
Buy it for long term profits.
In case you got any question about any market don't hesitate to ask I'll be answering with pleasure.
TIME TO BUY KUWAIT FINANCE HOUSE STOCKSI sold this analysis to a custommer 3 weeks ago and after getting his autorisation to share it with public here I am sharing it.
Dear investors, as you can see on the chart the price broke the golden point after pulling back on the resistance 3 times to continue its way up.
What's stopping for not buying KFH !
For more questions don't esitate to ask