AL OMRAN 4141 Alomran looking good in weekly frame, set on strong support and waiting to hit 90 SAR. in that point we will update, watch out from crashed support. Good luck.
TASI
Tasi It's still an uptrend Tasi
It's still an uptrend
I expect the success of the bottom test and the completion of the path
2281: TANMIAH (Trendline Breakout)Running in parallel channel (Hourly TF) after an uptrend.
Signs of accumulation
breakout from trendline is observed with good volume.
Short term trade with tight SL can be taken
Good long term potential above parallel channel top
2060 (TASNEE) (Hourly Setup)Breakout and retracement from support zone
Short term trade with good potential setup
two entry points are specified
trail with SL
2060 (TASNEE) (Trendline Resistance Breakout)Completion of Harmonic Pattern
Falling Wedge Top (Trendline Resistance) Breakout is observed
Formation of HH, HL
Double Bottom Formation
A good potential setup with small SL is available for short term ride with further potential extension.
trail SL
1150 (ALINMA BANK) [Potential Reversal]A potential reversal is expected after long bearish journey
Support Zone
Golden Pocket (fib levels)
Triangle Target Completion
High Volumes are observed
Good trade potential with tight SL for high Risk Reward
short term and long term levels are specified.
trail stop loss while price makes HH and HL (bullish dow formation)
4290 (Trendline Resistance Breakout)Strong Falling Trendline Resistance breakout observed
Formation of HH, HL
Support from 78%fib level
Good Short setup with tight SL
Trail with stoploss after watchout level (Dotted Black Line)
2340 (Trendline Resistance Breakout)Strong Falling Trendline Resistance breakout observed
Formation of HH, HL
Good Short setup with tight SL
Trail with stoploss after watchout level (Dotted Black Line)
Tasi's Scenario Tasi has been going bearish since it broke a very important neckline of a Top H&Ss. However, it is now moving a round a down slanted trend line that could be a robust support . As seen in the chart, Tasi has respected the support please see the highlighted dots. hopefully, Tasi will be back bullish but make sure 10470, an important level, not to be broken down, otherwise it is bearish.
2310: SAHARA INTL. (Falling Wedge Breakout and Retest)Price moving within Falling Wedge for quite some time.
Breakout and Retest is observed
Formation of HH, HL
Support from MA 50,100 (Cross) -->1H TF
Support from EMA 200 (Cross) -->1W TF
Fib Levels and Horizontal Suppport Levels are marked for TPs
possible formation of AB=CD in process
Trade with Stop Loss
Ride the trend with trailing stop loss
Inverse Head & Shoulders Pattern on ALGInverse Head & Shoulders Pattern on ALG targeting prices above 950 fils
Tasi hello Traders
The general trend of Tasi index is bearish, and I think it will continue until the end of the year (and during that downward journey, there will be speculative retracement waves.
Tasi heading to down so remember to Buy good balance sheets. Sell bad balance sheets.
thanks
SABIC 2010 (Breakout and Retest)Moving within Falling Wedge
Breakout and Retest is observed
Formation of HH, HL
Support from MA 50,100 (Cross) -->1H TF
Trade with Stop Loss
Ride the trend with trailing stop loss
TadawulHey traders, here is the analysi.
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DISCLAIMER- This is not financial advice.
4061_ANAAM HOLDING (Triangle Breakout)Triangle Breakout is observed with good volume
Reversal from Support Zone
Formation of HH, HL
Entry at current level (Aggressive)
Wait for retest/formation of HL (Conservative)
Stop Loss is specified
fib/support levels are mentioned for TPs
Ride the trend with trailing stop loss
4164: NAHDI (Triangle Breakout)Traingle Breakout is observed
Bulls have broken strong horizontal resistance
HH, HL formations
Entry @current level with specified stop loss
Ride the trend with trailing stop loss
7203: ELM (Potential Bullish Setup)ELM is moving in consolidation phase for quite some time.
Price is in upward trend on higher time frame.
Watch for channel breakout
Trade with proper stop loss
2281: TANMIAH (Watch for Channel Breakout)Price is moving in parallel channel for a while (accumulation)
Bulls need to breakout for Long setup
Rising Wedge formation is in picture
HH, HL formation continues in higher timeframe
Entry after breakout of channel can be taken for a Good Risk Reward Ratio
Trail Stop Loss
1211: TASI (Maaden) (Watch for Breakout)Price accumulating at top of Traingle Top for few days
Watch for breakout
Entry with good Risk Reward Ratio can be taken:
Now (Aggressive)
After Breakout (Conservative)
TP levels are identified
Enjoy the ride with trailing stop loss
1120: Al Rajhi (Bullish setup)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 for TPs
Ride the trend and Trail your stop loss
Manage your risk properly
2350: SAUDI KAYAN_TASI (Parallel Channel Breakout)Parallel Channel Breakout Observed
Completion of Cup & Handle Target
Short term and long term Bullish setup is available
Wait for HH, HL formation
Entry above watchout level
Horizontal support Levels are specified for TPs
Ride the trend and Trail your stop loss
Manage your risk properly
2010: SABIC (Falling Wedge Breakout)Falling Wedge Breakout Observed
Short term and long term Bullish setup is available
HH, HL formation
Wait for HL formation for Entry or at current level
Stop Loss is specified
Same setup for new entry if reach SL
Fib/Horizontal support Levels are specified for TPs
Ride the trend and Trail your stop loss
Manage your risk properly
