4263| SALSAL
Pulled back. In order to continue to rally, 225 needs to hold as a support
Next targets: 232 pending to claim 225 as a support then 243
Good luck!
4072| MBCContinue to rise. Last proposed goal reached.
Here what you need to watch for.
Next targets: 81 and 86
Good luck!
4061| Anaam International Hldg Grp CoAnaam International Hldg Grp Co
Trend continuation
Following targets: 1.19 SR, then 1.45 SR
Support: 0.93
Good luck!
6015| Americana Restaurants InternationalAmericana Restaurants International
Continues to uptrend
Levels to watch for:
S1: 3.25 and R1: 3.68
The next target is 3.65 SR, then 3.95 SR.
Good luck!
4170| Tourism Enterprise CoTourism Enterprise Co
Bullish reversal; broke out Broadening Wedge Descending!
Levels to watch for:
S1: 0.60 and R1 0.86
The next target is 0.85 SR.
Good luck!
2230| Saudi Chemical CoSaudi Chemical Co
Broke out its symmetrical triangle!
Great long-term entry
Next target 5.10 SR
Good luck!
1211| Saudi Arabian Mining CoAs predicted, it broke out its Bullish Falling Wedge!
Target 47.20 is reached, and likely claim it as support.
Levels to watch for:
S: 47.15 and 44.20 SR
R: 49.20
Next target 49 SR
Goof luck!
1211| Saudi Arabian Mining CoSaudi Arabian Mining Co
Bullish Falling Wedge
Nice green candle
Next target 47.20 then 49.25
Good luck!
4072| MBCMBC
Continue to rally nicely in uprising channels
Levels to watch for:
S: 69
R: 75
Next targets: 75 then 82
Good luck!
SAL 4263SAL Saudi Logistics Services Com, 4263
Bullish Pennant
Levels to watch for:
R: 213
S: 198
Good luck!
1111| Saudi Tadawul GroupSaudi Tadawul Group
212 support retested and held well probably will retest again and resume it's uptrend
In short term
Levels to look for:
S1: 212, S2: 207
R1: 216, R2:219
Target 227
Good luck!
1180, Saudi National BankSaudi National Bank, 1180
Symmetrical triangle
Levels to watch for:
R: 42.80
S:39.05
Next target 44.25 then 45.40
Good luck!
Almawarid Manpower Co, 1833Almawarid Manpower Co, 1833
Fell its support>> short term downtrend
Probably will retest 100 level and resume it's uptrend again
Level to watch for 100-102 SR
Febraury and March expectationFor educational purposes only, not financial advice: Anticipating an uptrend in February, followed by potential dividend distribution in March, could contribute to a positive market outlook during that period.
ALAMAR The supply zone is shown, it might reflect at any time to the shwown target and even higher. the strongest point at this stage is around 120.
SABIC 2010 in a demand zoneSABIC is in a demand zone and the stop loss is shown. it is expected to have a good reflection at this level.
2170. Allujain Breaking 41.35 will target 44 then around 48.
The supply zone is weak now after several touches and weak basing structure.
SAUDI ARAMCO is BullishSAUDI ARAMCO just posted a new all time high couple of days ago, and is on track for new highs, as the bullish momentum looks good. Moreover, no divergence has yet appeared on the RSI and hence according to Dow theory, the trend of higher highs and higher lows is likely to continue. Projections from AB = CD harmonic pattern are also marked on the chart, alongside entry points and take profit targets.
