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Saudistocks

PREPARE TO SELL YOU SHARE THE MARKET MIGH GO TO 74.54We have a strong indications that the market will go down : 1.The 3 recent candles are all in gravestone profile, the market can't break the VWAP indicator, the VWAP act as a strong resistance, 2.The Fibonacci give us the level of 75% as a strong resistance too, 3.The respect of the red trend line and the market need to go back to the channel, Summary: The market needs to go back the the level of 61§ of the Fibonacci retracement, and then we may have a good buy configuration, with all the past indications it's very hard to tell that the market will go up furthermore,
TADAWUL:4210Short
by mouslimbentebbaa
SAUDI KAYAN PETROCHEMICHAL CO Buy Signal To Watch (2350)Recently , TADAWUL:2350 had enough bullish strength to break above the black line . If we close in an upcoming day considerably above the green area (significantly above the 8.8 ) , this stock would very likely continue up towards the first blue rectangle area at the 9.8-10 area , with an important potential to reach the second target at the secong blue rectangle (11.2-11.7 area). The probability of reaching the second blue rectangle area is considerable but it would depend also on how price will act around the first blue rectangle area (9.8-10 ) .
TADAWUL:2350
by StockAnalystPro