1832 to 7.5 I believe the target is to above 7.5 and it is now in the absorption process before moving up. I have no stop loss at this stage. However you need to decide yours. Longby majed_3333
4013After confirming bullish cypher pattern, price is in uptrend and is targeting towards 305. Currently trading around 282. Longby mbaberhanif1
1120The chart pattern shows rejection in price after testing resistance level of 77. MACD is shifting from bullish to bearish. The price can test support level around 71.Longby mbaberhanif2
1120The Tadawul All Shares Index (TASI) closed the latest weekly session at 11,225.35 , marking a positive gain of 47.87 points (0.43%) . Currently, the index is testing desending trend line. The index shows low activity with a small candle body which indicated rejection can be seen in upcoming sessions. A bearish pattern is evident until the 10,400 support sustains. The weekly RSI stands at 53.84, while the MACD signals a weak bearish trend, poised for a bearish shift.Longby mbaberhanif3
2360 -Tadawul stocktarget in simple terms between 77-88. could be more but we will review later when targets reachedLongby majed_333Updated 1
Jabal Omar Jabal Omar is currently exhibiting a bullish trend in both daily and weekly charts, signaling a promising investment opportunity. The company's strategic plans for expansion, coupled with the ongoing developments in Hajj and Umrah services, bolster the likelihood of robust growth. Our target for Jabal Omar is an ambitious yet attainable 28, reflecting confidence in its future potential. Dr saud Longby DrSaud1114
SAUDI ARAMCO is BullishARAMCO after successfully retesting 0.5 fib retracement level is on course for a new bullish rally with a potential target of new all time high. Targets are mentioned on the chart. Longby Fahad-Rafique2
4164 (Nahdi Medical) to target 165 - And more!Daily chart, a pattern was formed, the target is 165 Stop loss at 132 or minimum the Green line. RSI and MACD indicators are supporting the uptrend. Above 165 for a week, the far target will be 214, passing through the shown resistance levels. Longby snour3
TASI: 4040 SABTCO Sometimes you have to see the big picture, the macro trend, to understand the stock movement. #TASI4040 as an example: - Higher lows and lower highs since 2007 - accelerating time in the low phases - buying with volume + improved profits - public transportation sector is growing with government and private incentives. The stock only require patience. Analysis hint to a highly likely scenario of +30% within 12 months. and even more after that. All contingent on momentum and market trend. _________ Disclosure: this is not a recommendation for investment. This is purely a journal for me and my own learning.Longby binhajifahd1
TASI: 4010 Dur HospitalityShown in the analysis is upward trend movement on Dur Hospitality. The company is currently going through acquisition by a major real-estate investment & development company, Taybah Investment. We bought into the stock way before the acquisition news and based purely on technical analysis. we still believe the stock has momentum for at least 10% upward move. ______ Disclosure: this is not a recommendation for investment. This is purely a journal for me and my own learning.4Longby binhajifahd0
40% upside potential in The Saudi National BnakThe Saudi National Bank is the largest commercial bank in Saudi Arabia. The share of the bank saw a rise in the form of a wave 1 in march of 2023 from the bottom and then a subsequent 80% retracement of the same from July till oct 2023. The share has now kicked off in the new wave 3 structure. Since the wave 2 retracement was very deep, it opens up the probability of wave three getting extended and move all the way up till the 50 SAR mark.(44% from CMP) One could look for some retracement of the past 4days move to make an entry and then ride the strong bullish wave 3 all the way it it lasts. Note*- This post of is for educational purpose only.Longby neeraj_2_sharmaUpdated 884
RABIGH Refining is BullishRABIGH Refining is extremely bullish and after a small correction a couple of days ago the bullish engulfing candle appeared yesterday which indicates that bulls are in complete control and the price will go further up. Targets are mentioned on the chart. Longby Fahad-Rafique1
DAR ALARKAN REAL ESTATE STOCKS.Daily analysis.Hello ladies and gentleman,according my analysis To DAR ALARKAN REAL ESTATE STOCKS .there is agreat probability long to 17 SAR.Longby zouhiralichane3
BANK ALJAZIRA.Daily analysis.Hello ladies and gentleman,according my analysis To BANK ALJAZIRA STOCK.there is agreat probability long to 19 SAR.Longby zouhiralichane1
ALMARAI Company Stock.Weekly analysisHello ladies and gentleman,according my analysis To ALMARAI STOCK.there is agreat probability long to 62 SAR.Longby zouhiralichane2
ABDULMOHSEN ALHOKAIR 1820 - Bullish Signs Show some good signs: 1- First 200 MA retest 2- 2.07 support turn to resistance with good bullish candle If price continue up target will be: TP1: 2.19 level TP2: Daily 200 MA Longby K_M_MUpdated 3
1321 - 6 months RECTANGLE══════════════════════════════ Since 2014, my markets approach is to spot trading opportunities based solely on the development of CLASSICAL CHART PATTERNS 🤝Let’s learn and grow together 🤝 ══════════════════════════════ Hello Traders ✌ After a careful consideration I came to the conclusion that: - it is crucial to be quick in alerting you with all the opportunities I spot and often I don't post a good pattern because I don't have the opportunity to write down a proper didactical comment; - since my parameters to identify a Classical Pattern and its scenario are very well defined, many of my comments were and would be redundant; - the information that I think is important is very simple and can easily be understood just by looking at charts; For these reasons and hoping to give you a better help, I decided to write comments only when something very specific or interesting shows up, otherwise all the information is shown on the chart. Thank you all for your support 🔎🔎🔎 ALWAYS REMEMBER "A pattern IS NOT a Pattern until the breakout is completed. Before that moment it is just a bunch of colorful candlesticks on a chart of your watchlist" ═════════════════════════════ ⚠ DISCLAIMER ⚠ The content is The Art Of Charting's personal opinion and it is posted purely for educational purpose and therefore it must not be taken as a direct or indirect investing recommendations or advices. Any action taken upon these information is at your own risk.Longby TheArtOfCharting225
Saudi Automotive Services CO. 4050Saudi Automotive Services CO. 4050 Trend Elliott Wave Chart has languageby yasser813
CITY CEMENT CO. 3003 D1 (SAUDI MARKET)CITY CEMENT CO. 3003 D1 I am using: Trend Elliot Wave Wolfe Waveby yasser810
Saudi Kayan, to target 14 and 16Saudi Kayan (2350), on the daily chart, I see a forming pattern, going up on a zigzag until 14, then some correction and next target is 16 Quick tradings can be done buy at support / sell at resistance, and so on until reaching the target. The technical indicators RSI and MACD are supporting this view. Stop loss at 10.7 should be considered.Longby snour2
HALWANI BROS. CO. 6001 - Bullish Signs Show some good signs: 1- Bullish H&S 2- Retest VAWAP If price continue up move target will be: TP1: 52 level TP2: Daily 200 MA TP3: Weekly 200 MA (pink line) Longby K_M_M1
Saudi paper 2300 Technical analysis of stock 2300. Breaking 38 in quantities, the target will be 42 .. It is not a buy or sell recommendation.Longby MooTmakeN221