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4142ALsalam 3alikom, I hope you are fine! Study the RIYADH CABLES GROUP graph, which depicts Hourly for this line. When initially looking at the chart, you should be able to immediately identify broad details, minor details and minute details. The minor details in this chart are also quite easy to identify, which is lines respect 0.705 % OTE Fibonacci. The minute details are those points in the graph where respect the Breaker Block (BB), increasing by many Fair Value Gap (FVG) and kick the old (BB) in the end also describe the Bearish Cup and Handle . On overall, I have many reason to entry now, which is : LQ or $ - Liquidity grab : Liquidity simply means money or huge opposite orders to be filled to fuel the movement of the market institutions. OTE - Optimal Trade Entry : It is when you are looking for a Retracement which is a technical term used to identify a minor pullback or change in the direction of a financial instrument, such as a stock or index FVG - Fair Value Gap : are powerful tools traders use to identify market imbalances and inefficiencies. BB - Breaker Block : is the lowest closed candle in the recent swing low before a bearish run.
TADAWUL:4142Long
by Back0hack
📈 **Technical Analysis of Herfy Shares** 📊 📈 **Technical Analysis of Herfy Shares** 📊 🔍 **Overview:** Herfy shares have shown a recent trend towards a potential bullish run, as observed on the daily timeframe. 📉 **Previous Trends:** Historical data indicates a consistent uptrend, showcasing the gradual accumulation of shares by investors. 🔄 **Momentum Indicators:** Key momentum indicators like RSI and MACD point to an uptick in momentum, supporting the potential for a bullish run. 📈 **Bullish Run Confirmation:** The convergence of positive indicators strongly suggests the initiation of a bullish market sentiment, making this an opportune time to consider entering the market. 🎯 **Trade Plan:** Based on this analysis, considering an entry with 1023 shares seems reasonable. However, prudent risk management is vital. ⚖️ **Risk Management (Stop Loss):** Implement a stop loss strategy at a strategically calculated point to protect your investment and manage risks effectively. 🛡️ **Stop Loss Strategy:** Place a stop loss at a level where it's statistically likely that the current analysis is incorrect, and the trade should be exited to limit potential losses. Always remember to conduct your own due diligence, assess your risk tolerance, and consider seeking advice from a financial advisor before making any investment decisions. 🚀
TADAWUL:6002Long
by Asif_Brain_Waves
PowerfulThis stock is still in a uptrend, for now its just correcting itself for the last few weeks. We can see good buying from 138 area confirming bulls are in this region and sellers are not very strong currently. With the last candle taking a pause right after the strong bullish candle I think this will be a good buying opportunity once we see it crossing 15.20 area and the targets should be around 175 area for mid to short term. Hit like & follow if you want more updates on Saudi Stocks.
TADAWUL:8230
by stalkstock