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8313-Rasan-Long BullishBuy-67-74.8 SL:- 65 DCB 1st Tgt-93 2Nd Tgt:99 Company posted Good result with Operating profit increase of 98% Disclaimer: The information posted on Trading View is for informative purposes and is not intended to constitute advice in any form, including but not limited to investment, accounting, tax, legal or regulatory advice. The information therefore has no regard to the specific investment objectives, financial situation or particular needs of any specific recipient. Opinions expressed are our current opinions as of the date appearing on Trading View only. All illustrations, forecasts or hypothetical data are for illustrative purposes only. The Society of Technical Analysts Ltd does not make representation that the information provided is appropriate for use in all jurisdictions or by all Investors or other potential Investors. Parties are therefore responsible for compliance with applicable local laws and regulations. The Society of Technical Analysts will not be held liable for any loss or damage resulting directly or indirectly from the use of any information on this site.
TADAWUL:8313Education
by khanrashid80
7202-Slightly BullishThe company recently posted Good result,Already price in Good buying range. Buy Range :- 245-266 With SL -219 DCB 1St Tgt :- 293 2nd Tgt-:333 3rd Tgt:-378 Disclaimer: The information posted on Trading View is for informative purposes and is not intended to constitute advice in any form, including but not limited to investment, accounting, tax, legal or regulatory advice. The information therefore has no regard to the specific investment objectives, financial situation or particular needs of any specific recipient. Opinions expressed are our current opinions as of the date appearing on Trading View only. All illustrations, forecasts or hypothetical data are for illustrative purposes only. The Society of Technical Analysts Ltd does not make representation that the information provided is appropriate for use in all jurisdictions or by all Investors or other potential Investors. Parties are therefore responsible for compliance with applicable local laws and regulations. The Society of Technical Analysts will not be held liable for any loss or damage resulting directly or indirectly from the use of any information on this site.
TADAWUL:7202
by khanrashid80
4240The AB=CD pattern is a popular harmonic pattern in technical analysis, used to identify potential reversals in the market. The bearish AB=CD pattern indicates a potential price reversal from an upward trend to a downward trend. Here's how it works and what to look for: Components of the Bearish AB=CD Pattern AB Leg: The initial upward move (AB). BC Leg: A correction or retracement from the AB move (BC). CD Leg: A continuation of the trend in the same direction as AB, ideally mirroring the length and duration of the AB leg (CD)
TADAWUL:4240Long
by B9A-88652-NisarAhmad
**Al Nahdi Pharmacy Stock Review (Ticker: 4164): Promising 27% **Al Nahdi Pharmacy Stock Review (Ticker: 4164): Promising 27% Upside! 🌟** Al Nahdi Pharmacy (4164) is an exciting buy, aiming for a **27% profit target** in the upcoming weeks! As a leading healthcare and retail pharmacy provider in the region, Al Nahdi benefits from a robust consumer base and growing demand for healthcare products and services, positioning it strongly for future growth. **Key Drivers to Watch:** - 🏥 **Healthcare Demand**: Rising healthcare needs are driving sales, with Al Nahdi at the forefront. - 💰 **Growth Momentum**: Recent performance indicators suggest a solid upward trend. - 📊 **Attractive Profit Potential**: A forecasted 27% gain presents a compelling opportunity for investors. This stock could be a great addition to a growth-focused portfolio. However, ensure to stay updated on market conditions and set appropriate stop-loss levels for optimal risk management.
TADAWUL:4164Long
by Asif_Brain_Waves
SADR LOGISTICS CO (4H Timeframe) Technical AnalysisSADR LOGISTICS CO (4H Timeframe) Technical Analysis Price Movements and Structure: SADR Logistics' price action shows clear zig-zag patterns, illustrating the ups and downs in the recent market movement. The price has made a series of higher highs and higher lows, suggesting an overall upward trend with minor corrections along the way. The price is currently trading around SAR 3.76 , having recently peaked at SAR 3.83 . The recent surge to SAR 3.83 shows a continuation of the uptrend, supported by significant buying volume. Key Levels to Watch: Support Levels: SAR 3.55 : This level acts as a recent minor support, observed after a slight pullback following the peak at SAR 3.83. If price revisits this level and holds, it could provide a strong foundation for further upside. SAR 3.21 - 3.26 : This zone has previously acted as a solid area of support, evidenced by significant rebounds, which indicate buying interest around these levels. Resistance Levels: SAR 3.83 : This is the immediate resistance level that the price has to overcome to maintain the bullish trajectory. SAR 3.77 and SAR 3.65 : These previous highs can also act as minor resistance if the price retreats, highlighting their relevance in the recent trend. Zig-Zag Indicator Analysis: The chart has a zig-zag indicator drawn, helping us visualize the turning points of the market. The zig-zag movements reflect the price’s natural ebb and flow, with notable pullbacks after reaching new highs. The recent upward zig-zag pattern from SAR 3.04 to SAR 3.83 indicates significant buying strength, implying that the market has some bullish sentiment still in place. Volume Analysis: Recent price increases have been supported by higher volume, particularly the rise to SAR 3.77 and SAR 3.83. This indicates strong interest from buyers. On pullbacks (e.g., at SAR 3.26 and SAR 3.21), the volume was also relatively high, suggesting buyers are stepping in to support the price. This could indicate accumulation in these zones. Possible Scenarios and Expectations: Bullish Scenario (Confirmation Required): If SADR Logistics manages to break above SAR 3.83 with strong bullish momentum and increasing volume, it may head towards the next psychological resistance around SAR 4.00 . A breakout above SAR 3.83 with confirmation (i.e., a retest that holds or a strong bullish candle with high volume) could indicate a continuation of the upward trend. Confirmation Signal: Look for a strong bullish candlestick formation and increased volume at or above SAR 3.83 to confirm the bullish breakout. If the retest of SAR 3.83 holds, it would further strengthen the potential for upward movement. Bearish Scenario (Risk Considerations): If the price fails to hold above SAR 3.76 and breaks below the SAR 3.55 support level, it could lead to a deeper correction towards SAR 3.26 - 3.21 . This level has previously provided support, but any break below it could weaken the overall bullish structure. Confirmation Signal: A close below SAR 3.55 with increasing bearish volume could signal a move towards SAR 3.21. Traders should watch for significant selling pressure and a lack of bullish response at support to confirm further downside potential. Technical Indicators and Risk Management: Trend Strength: With the price trading above previous resistance levels, the trend remains bullish for now. However, the presence of a double top or failure to make a new high above SAR 3.83 could signal a potential trend reversal. Risk Management: It is crucial to have well-defined risk parameters, such as setting a stop loss below key support levels (e.g., SAR 3.55 or SAR 3.21), to minimize exposure in case the market reverses against expectations. Summary: SADR Logistics is in an upward trend with notable higher highs and higher lows, but it is currently facing resistance at SAR 3.83 . Bullish Scenario: A breakout above SAR 3.83 with confirmation could signal a continuation to new highs, with SAR 4.00 as the next target. Bearish Scenario: A break below SAR 3.55 might see the price retrace towards the SAR 3.26 - 3.21 area, which could be a buying opportunity if support holds. Disclaimer: This analysis is for informational purposes only and should not be taken as financial advice. Always conduct your own research (DYOR) before making any trading decisions. This is not a buy or sell recommendation, and risk management should always be a priority when trading.
TADAWUL:1832
by hansonju