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2222 | Bullish Divergence SetupSaudi Arabian Oil Company displays a promising bullish reversal pattern characterized by the formation of bullish divergence with RSI. Our plan entails accumulating the stock within the designated buy zone (29.50-30 range), while setting stop loss orders below the bottom of support around 28.50. To guide our trading decisions, we've delineated two distinct targets: an immediate target around 33 at the test of trend line and a final target for exiting the trade will be around 35 depending upon break out.
TADAWUL:2222Long
by mbaberhanif
2120 SAUDI ADVANCED INDUSTRIES CO. to 70SR Supported by financial growth, the current target is 70SR SAUDI ADVANCED INDUSTRIES CO. (2120) is growing its business and has invested in several startup companies that yielded great profits. in 2023, made 148MM SAR net profits in 2022, made 100MM SAR net profits a growth by 48% in net profits. In 2023, highest stock price was 50.1 SR current price is 42.2SR I can expect the price to recover back to 50.1SR then jump 48% (50.1 x 1.48 = 74.5 SR)
TADAWUL:2120Long
by kawzaki