National Industrialization Company SJSC (2060)Hello traders,
It's time to be looking for industrial stocks.
technically it targets 10.6 and 11.6
Good Luck for you all
Nahdi Medical (4164) Tadawul: Double-Bottom FormationThe chart shows forming a potential double bottom, a neckline (potential breakout level) appears around 123.20 SAR. A decisive break above this resistance is generally seen as the bullish trigger which could open 6–7% profit opportunity toward ~131.8 SAR Always manage risk in case the breakout stalls.
Al Hammadi_4007_Tadawul: Bullish Momentum
Al Hammadi_4007_Tadawul: Price has rebounded near the 200 SMA <~43 SAR> and is hovering around the 100 SMA, sustained closes above these long-term averages typically indicate bullish strength.
Support & Resistance: Primary Support ~37–38 SAR, which held during the recent pullback.
Momentum: Signaling a potential shift in bullish momentum, safest entry can be taken later at a breakout of B-Point to have 25~26% potential profits
Fundamental Highlights
Earnings Growth: Net income has shown consistent year-over-year increases, indicating improving profitability.
Cash Flow Trend: Positive and rising cash flow strengthens the company’s financial position, providing flexibility for future investments or debt reduction.
TTM Growth: Trailing twelve-month figures reflect ongoing momentum, suggesting recent quarters have trended positively.
Forward Outlook: With Q4 earnings expected soon and an overall 2024 forecast above 2023 levels, fundamentals appear aligned for continued growth.
BAWANacording to my previous technical studies,i see a great opportunity with high probability of succes,the details are reflected in tge chart,good luck to all
AL JOUF CEMENT acording to my previous technical studies,i see a great opportunity with high probability of succes,the details are reflected in tge chart,good luck to all
YANBU CEMENT acording to my previous technical studies,i see a great opportunity with high probability of succes,the details are reflected in tge chart,good luck to all
NAJRAN CEMENTacording to my previous technical studies,i see a great opportunity with high probability of succes,the details are reflected in tge chart,good luck to all
TABUK CEMENT acording to my previous technical studies,i see a great opportunity with high probability of succes,the details are reflected in tge chart,good luck to all
NORTHEN REGION CEMENTacording to my previous technical studies,i see a great opportunity with high probability of succes,the details are reflected in tge chart,good luck to all
Double BottomDouble Bottom with Bullish Divergence.
34 (if sustained) can be a Good Entry Point
with a Stoploss of 31.
New upward trend (inshallah) The stock has formed a higher low and a higher high, which indicates optimism for the start of a new upward trend.
LONG PERFECT PRESENTATION FOR SERVICES
acording to my previous technical studies,i see a great opportunity with high probability of succes,the details are reflected in tge chart,good luck to all
Bullish on Monthly TF.Bullish on Monthly TF.
Has taken Support exactly from 0.5 fib level.
However, 70 - 71 is an Important Resistance.
If 71 is Crossed with Good Volumes, we may
witness 74 - 75 & then 80.
On the flip side, should not break 63.40;
otherwise it may touch 56 - 57.
Mobily (7020) Cup & Handle Breakout: Bullish Continuation SetupMobily_7020_Tadawul, appears to be forming a textbook Cup & Handle pattern, indicating a potential bullish continuation, breakout with a target around SAR 67 level.
Long SetupCup & Handle Formation along with Ascending Triangle.
Good to Buy at Mentioned Entry Point.
2281: Bullish Reversal from POC_Golden Pocket2281
Continuously in downtrend. Earlier estimations of reversal from bearish flag completion and support levels did not sustain (Bears dominated).
However, current price movement (green candles) at POC is confirming the interest of buyers.
This is in confluence with 50% fib (Golden Pocket)
Entry can be taken now (HH) or after formation of HL (conservative)
Keep SL intact as identified.
SAUDI REAL ESTATEacording to my previous technical studies,i see a great opportunity with high probability of succes,the details are reflected in tge chart,good luck to all
walaa cooperative insuranceacording to my previous technical studies,i see a great opportunity with high probability of succes,the details are reflected in tge chart,good luck to all
AYYAN INVESTMENTacording to my previous technical studies,i see a great opportunity with high probability of succes,the details are reflected in tge chart,good luck to all
SHATIRAH HOUSE RESTAURENT acording to my previous technical studies,i see a great opportunity with high probability of succes,the details are reflected in tge chart,good luck to all
2250: LONG AFTER HAMMER CANDLE FORMATION2250: SAUDI INDUSTRIAL INVESTMENT
has historically appreciated, on a weekly timeframe, once a hammer candle had been formed at an 'area of interest' or below it
The 'area of interest' is the price range of 18.10 - 18.30. There are 2 cases of hammer candle formation: 1) at the area of interest 2) below the area of interest. Both cases are marked in the chart.
Case 1: Hammer candle formed at area of interest
Enter a long position with TP: 25% (min) ; SL: below hammer candle's lower wick
Case 2: Hammer candle formed below area of interest
Enter a long position after taking confirmation of RSI (should be 30 or less) with TP 1: upto the area of interest ; TP 2: 70% ; SL: below hammer candle's lower wick
At the time of publishing this idea, case 2 is active and TP 1 has already been achieved. All eyes can be set on TP 2: 70%
Best of luck!!
SAUDI PHARMACEUTICAL INDUSTRIES AND MEDICAL APPLIANCESacording to my previous technical studies,i see a great opportunity with high probability of succes,the details are reflected in tge chart,good luck to all
