Saudi Automotive Services CO. 4050Saudi Automotive Services CO. 4050
Trend
Elliott Wave
Chart has language
CITY CEMENT CO. 3003 D1 (SAUDI MARKET)CITY CEMENT CO. 3003 D1
I am using:
Trend
Elliot Wave
Wolfe Wave
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.
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)
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.
4003 United Electronics CO. (Saudi Market - TASI)4003 United Electronics CO. (Saudi Market - TASI)
Elliot Wave and trend
It is not Buy or Sell Recommendation
forecasting CATRION CATERING HOLDING STOCK in dayli chart Hello to all investors, according to my previous studies and according to my experience as a trader, I see a good investment opportunity with a high probability of success, the details are reflected in the graph
High Quality Setup for Saudi Aramco StockTADAWUL:2222 Discount buy opportunity at the determined price
Tight stop , tiny risk , enjoy huge profits .
Falling wedgeFalling wedge in up trend , increase in volume , retest done and moving average 50 support .
Inverse head & shoulder patternThe price recently triggered an Inverse Head and Shoulder chart pattern after breaking through the SAR 135 area, the neckline of this pattern, which is another bullish reversal chart structure. First and second targets are 140 and 144 respectively. Risk is defined below the break of neckline around 133.
4003The current price action exhibits an uptrend, characterized by successive higher highs and higher lows. Notably, when the price touches 200 day SMA, it rebounds upward, establishing new highs. In the recent trading session, the price concluded at 81.1 following a decline of 0.5 SAR. The entry level is identified at 81, with a target set at the previous high that is around 83.50. Risk is defined below 79.50
📈 Technical Analysis of SAUDI AIRLINES (6004) Shares 📊📈 Technical Analysis of SAUDI AIRLINES (6004) Shares 📊
SAUDI AIRLINES (6004) has recently witnessed some interesting developments on the daily timeframe, indicating a potential bull run using the "Smart Money" concept. Let's break it down with some emojis to make it more fun! 🚀💰
1. **Smart Money Concept:** 🧠🤑
The Smart Money concept suggests that institutional investors and experienced traders are making significant moves in the market. These big players often have access to valuable information and can influence stock prices.
2. **Bull Run Indicator:** 🐃📈
Several technical indicators may hint at the start of a bull run:
- **Moving Averages:** 📉➡️📈
The stock's moving averages (e.g., 50-day and 200-day) have crossed over or are diverging, which is a bullish signal. This indicates growing upward momentum.
- **Volume Increase:** 📊📈
Increased trading volume suggests growing interest and participation in the stock, a classic sign of a potential bull run.
- **MACD Indicator:** ⚙️📈
The Moving Average Convergence Divergence (MACD) is showing a bullish crossover, further indicating potential upward movement.
- **RSI:** 📊📈
The Relative Strength Index (RSI) is trending upwards and is not yet overbought, implying room for further price appreciation.
3. **Candlestick Patterns:** 🕯️📊
Look for bullish candlestick patterns such as hammer, engulfing, or morning star patterns to confirm the bullish sentiment.
4. **Support and Resistance:** 📈🔒
Identify key support and resistance levels. A successful break of resistance can be a strong signal of a bullish trend.
5. **Fundamental Analysis:** 📰📈
Keep an eye on any fundamental developments or news related to SAUDI AIRLINES. Positive news can further support the bullish case.
6. **Risk Management:** 🛡️💡
It's crucial to manage your risk properly. Use stop-loss orders to protect your investments, and never invest more than you can afford to lose.
Remember, while these indicators and concepts can be helpful, no analysis is foolproof. It's essential to do your research, consider the broader market context, and consult with a financial advisor if needed.
Happy trading! 📈🤑🚀 #StockAnalysis #BullishTrend
4040 is expected to cross 17.4, target 19.6Saudi Public Transport Co.
On the daily chart, the tech. indicators are showing tendency to cross 17.4 up (the resistance line), then the target will be 19.6
Stop loss 16.8 - 16.5
On the weekly time frame, above 18.5, the far target will be 35.7
8010 consolidate stateThe current market exhibits a consolidation phase, with support at 114 and resistance at 128. The recent close at 119 aligns with the 50-day SMA. The pattern indicates potential upward momentum if the price maintains support, with a target around 125. Monitoring the price's ability to sustain support is crucial for anticipating the projected upward movement.
4262 upside continuesThe current price action exhibits an uptrend, characterized by successive higher highs and higher lows. Notably, when the price touches the lower Bollinger band, it rebounds upward, establishing new highs. In the recent trading session, the price concluded at 94.40 following a decline of 1.7 SAR. The entry level is identified at 94, contingent upon the support of the lower Bollinger band, with a target set at the upper band level of 97.50.
2090 -Tadawul - Possible setup.breakout of trend line, buy at current price with the stop loss of 19.35, and Take profit is 24.50.
AL-OMRAN INDUSTRIAL TRADING CO. - Bearish Signs Show some weak signs:
1- Strong down move
2- Break strong support
If support turn to resistance
target will be:
TP1: 22 level
Lumi break the pattern Hello everyone…
Please refer to last video I made about lumi and potential targets.
Best of luck
ARAMCO 2222 is preparing to cross 33.7, then 35, 36.7On the daily chart, ARAMCO 2222
is preparing to cross 33.7, then 35, 36.7
The stock may test support 33 - 32.5 then rebound.
Technical indicators RSI and MACD are supporting this view.
Above 37, the next target will be 43.5 (weekly range)
Stop loss at 32.5 - 32 should be considered.
Strong Sell Signal On AL RAJHI BANK With High Probability!Hello ladies and gentlemen, according to my graphical analysis of AL RAJHI BANK, there is a high probability of a decline towards the 68 SAR level in the next few months!
2281: Watch for Breakout (Bullish)After major correction (series of LH, LL), 2281 has started formation of HH, HL (Bullish Trend).
Price is ranging in a descending parallel channel.
Breakout of parallel channel top, formation of another HH can be a profitable trade.
Ride with trailing stop loss.
4013: Watchout for trendline Breakout4013 has been in correction after making ATH.
A significant support (Ascending trendline) was broken in recent past for the first time.
After completion of Harmonic Pattern, Double Bottom formation, a short upside move is observed (formation of HH, HL).
However, ascending trendline will be acting as resistance now.
Although, breakout of trendline was observed during the recent bullish trend, but couldn't sustain.
Wathout for breakout of ascending trendline resistance for long entry.
Trade with SL
