Saudi Ground Service's
Today, we'll discuss Saudi Ground Service's stock, which is showing strong momentum in an upward trend. We'll focus on the targets marked by blue lines and the critical stop loss point set at just below 29, to be evaluated by weekly close. This analysis aims to provide insights into potential growth trajectories and risk management strategies. Check the chart for the targets.
Dr saud
Will the Saudi Automotive (4050) stock target 95.5 ?Daily chart, the stock may form a flag chart pattern, then the target will be 95.5, passing through the resistance level of 86.4 (historical highest high)
Technical indicators RSI and MACD show that it is time for some correction. Then, the stock continues the uptrend.
Support line (dashed red) should be considered as stop loss level.
Nahdi Medical Breaks Out!!!Nahdi Medical Company’s major bullish breakout from consolidation phase this week brought in the highest trading volume daily since last 2023. Looking at this type of action, the first time volumes goes so high after so long, is indicative that a new market cycle is getting started. The super high volume is supported by a very, strong RSI.
Moving forward in 4164.
🎯 The first target is set at 159.8 for 8.32%.
🎯 Second target is set at 169.2 for 14.77%.
Now, the second target is not the end. . . We will see more growth, more profits, more fun in 2024 and beyond.
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2050| Savola📊 Savola
📈 The stock is trading at the bottom of bullish flag after broke out ascending channel
🔖 The stock is promised 35% 🚀 to achieve the percentage of the penetrated channel to the level of 70 riyals
💰5% profits from the start of follow-up (53 riyals)
🏷️The stock closed at 53.40 riyals
🏹Goals: from 55 to 70 riyals
🎯Next goal: Retesting the resistance at the 55 riyal level. If successful, it targets 58-60 riyals.
👇🏻 The rest of the goals and details are in the drawing
Good luck
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Tabuk Agr. The stock has recently formed a bottom h&S in which neckline has penetrated with decent volume. Wave analysis also suggests that the stock is bullish, please discard the wave counts. I believe we are on the 3rd-w yet not confirmed. Besides, the stock is fundamentally attractive to investors considering low P/E and increased net profits in the last qr.
17.98 is your stop loss.
6004| Catrion
📊Catrion
📈It is trading in a bullish flag within an uprising channel
🔖Will achieve its goals by 21% upside, pending breaking out the channel at 140 riyals
🏷Current price is 135.80 riyals
🏹Goals: from 140 to 170 riyals
🎯 Next goal: 140
👇The rest of the details are in the chart
Good luck!
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1833| Mawarid Manpower📊Mawarid Manpower
📈It is trading in an ascending channel. Will fly 12 % pending breakout the top of channel at 145 riyals
🏷 Current price is 136.60 riyals
🏹Goals: from 140 to 160 riyals
🎯 Next target: 140.05
👇The rest of the details are in the chart
Good luck!
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1831| Mahara HR📊 Mahara HR
📈Inside bullish flag, it will achieve 30% 🚀 on the condition that it must breakout the flag
🏷 Current price 7.73 riyals
🏹Goals: from 8.05 to 10.45 riyals
🎯 Next target: 8.05
👇The rest of the details are in the chart
Good luck
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1832| Sadr Logistics📊 Sadr Logistics
📈 Breakout the its symmetrical triangle, and is promised with 285% upside 🚀
🏷 Current price is 3.65 riyals
🏹Goals: from 4.15 to 10.35 riyals
🎯 Next target: 4.15 riyals
👇The rest of the details are in the chart
Good luck!
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8070| Arabian Shield 📊 Arabian Shield
📈Analysis from two different angles, the first forming an ascending triangle and the second forming a cup and handle pattern
🔖In both cases, will achieve its goals through two waves: the first to break through the pattern and the second to achieve the pattern percentage
🔖 After confirming the break out, the stock is promised 70-200% 🚀 to the level of 45-75 riyals,
🏹Goals: starting from 22.88 to 75 riyals
🏷️ Current price is 22.10 riyals
🎯Next goal: 22.88 riyals
👇🏻 The rest of the goals and details are in the chart
Good luck!
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8010| Tawuniya📊 Tawuniya
📈It is trading in a bullish flag and in the ceiling of a bullish channel, about to be breaking out soon
🔖The channel ceiling is at 170 riyals
🔖 After confirming the break out, the stock is promised a 30% increase 🚀 to the level of 220-225 riyals
🏹Goals: starting from 160 to 220 riyals
🏷️ Current price is 157.60 riyals
🎯Next goal: 160 riyals
👇🏻 The rest of the goals and details are in the chart
Good luck!
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8210| Bupa Arabia 📊 BupaArabia stock
📈It is trading in a bullish flag and at the ceiling of a uprising channel that is possibly about to undergo a breakout
🔖The channel ceiling is at 240 riyals
🔖 After confirming the break out, the stock is promised 17% 🚀 to the level of 280-285 riyals
🏹Goals: start from 240 to 280 riyals
🏷️ Current price 230.60 riyals
🎯Next goal: 240.20 riyals
👇🏻 The rest of the goals and details are in the chart
Good luck!
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8020| Malath Insurance📊 Malath Insurance stock
📈It is trading within an ascending channel and succeeded in testing its bottom
🔖The bottom of the channel is at 12 riyals, its middle is at 25, and its ceiling is at 45 riyals
🔖 A new Elliott wave is promised at 145% 🚀 and breakout the channel at 45 riyals
🏹Goals: starting from 20.05 to 45 riyals
🏷️ Current price is 19.78 riyals
🎯Next goal: 20.05 riyals
👇🏻 The rest of the goals and details are in the drawing
Good luck!
🤝Please do not forget to support, cheers, likes, comments and boost!
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2330| Advanced Petrochemical📊Advanced Petrochemical
📈It is trading in an ascending channel and testing its bottom. If it succeeds in changing the pattern, it is promised a 60% rise. The rest of the details and explanation are in the chart
🏷️Current price 38.25 riyals
🏹Goals start from 41.10 to 70 riyals
🎯The next target is 41.10 riyals
Good luck!
🤝Please do not forget to support, cheers, likes, comments and boost!
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4180| Fitaihi Holding Group📊 Fitaihi Holding Group
📈Broke out its symmetrical triangle and promised with120% upside 🚀
🏹Goals start from 4.75 to 8.60 riyals
🏷️Current price is 3.78 riyals
🎯The next goal is 4.75 riyals
Good luck
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2001| Chemanol📊 Chemanol
📈Retesting a very important support level at 17 SR and if succeeded breaking out double bottom pattern, it will achieve a 127% increase
🏷️The current price is 17.38 riyals
🏹Goals start from 20 to 50 riyals
🎯The next goal is 20 riyals if able to rebound from the current support level
Good luck
🤝Please do not forget to support, cheers, likes, comments and boost!
Thanks!