SHATIRAH HOUSE RESTAURENT acording to my previous technical studies,i see a great opportunity with high probability of succes,the details are reflected in tge chart,good luck to all
2250: LONG AFTER HAMMER CANDLE FORMATION2250: SAUDI INDUSTRIAL INVESTMENT
has historically appreciated, on a weekly timeframe, once a hammer candle had been formed at an 'area of interest' or below it
The 'area of interest' is the price range of 18.10 - 18.30. There are 2 cases of hammer candle formation: 1) at the area of interest 2) below the area of interest. Both cases are marked in the chart.
Case 1: Hammer candle formed at area of interest
Enter a long position with TP: 25% (min) ; SL: below hammer candle's lower wick
Case 2: Hammer candle formed below area of interest
Enter a long position after taking confirmation of RSI (should be 30 or less) with TP 1: upto the area of interest ; TP 2: 70% ; SL: below hammer candle's lower wick
At the time of publishing this idea, case 2 is active and TP 1 has already been achieved. All eyes can be set on TP 2: 70%
Best of luck!!
SAUDI PHARMACEUTICAL INDUSTRIES AND MEDICAL APPLIANCESacording to my previous technical studies,i see a great opportunity with high probability of succes,the details are reflected in tge chart,good luck to all
HERFY FOOD SERVICESacording to my previous technical studies,i see a great opportunity with high probability of succes,the details are reflected in tge chart,good luck to all
MIDDLE EAST PHARMACEUTICAL INDUSTRIESacording to my previous technical studies,i see a great opportunity with high probability of succes,the details are reflected in tge chart,good luck to all
4180: LONG AFTER BREAKOUT FROM A RANGE 4180: FATAIHI HOLDING GROUP has successfully broken out of a range as indicated by the rectangular box in the chart. The Price is bound for an upside move towards 1st resistance that is about 10% from the point of breakout.
Enter long when price retraces back to the support zone with TP 1 = resistance 1, TP2 = resistance 2 and SL = below the breakout candle
Best of Luck!!
Falling Wedge Formation on Weekly TF.Falling Wedge Formation on Weekly TF.
Also, Breakout of Falling Wedge.
Immediate Resistance is around 19.30 - 19.50
& then around 22.
However, Long Term Target can be 60 - 61.
However, 10 should not be broken.
ALDREES PETROLEUM AND TRANSPORT SERVICESacording to my previous technical studies,i see a great opportunity with high probability of succes,the details are reflected in tge chart,good luck to all
AL HAMMADI HOLDINGacording to my previous technical studies,i see a great opportunity with high probability of succes,the details are reflected in tge chart,good luck to all
DR SULAIMAN AL HABIB MEDICAL SERVICES acording to my previous technical studies,i see a great opportunity with high probability of succes,the details are reflected in tge chart,good luck to all
SAL SAUDI LOGISTIQUE SERVICES
acording to my previous technical studies,i see a great opportunity with high probability of succes,the details are reflected in tge chart,good luck to all
4031: Penant/Triangle Breakout4031
Triangle Consolidation Breakout
Wait for retest to take new entry (conservative)
Trade with proper SL
2240: Descending Channel Breakout2240 is showing breakout on monthly chart for the first time in a while
Take Entry now or wait for retest
Conservative entry will be after 44
Plan your trade with proper risk management
STC: 85 CALENDAR DAYS PATTERN7010:STC has followed a pattern since the end of February 2023. Upon hitting the bottom trend line, Price appreciated 15-25% in 85 calendar days. This pattern has repeated 3 times over the last year.
Based on above observation, a long position can be opened once price hits the bottom trend line again.
TP1: 15%
TP2: 25%
OR simply close the trade on the 85th day of starting the trade
SL: 2% (just under the bottom trend line)
Keep waiting and hope the price comes back to the bottom trend line soon. Best of Luck!!
Good Buy..56.30 is a very strong Support;
if it remains sustained, 59 - 60 is on cards.
However, 58.50 there is a Slight Resistance
that can be broken easily with Good Volumes.
7202: Weekly Trendline Support7202 has shown reversal from downtrend
Weekly Bullish Divergence on RSI
Trendline support
HH, HL formation on daily time frame
SL or HL or below trendline support
Trade with proper risk management
4020: LONG AFTER BREAKOUT OF SYMMETRICAL TRIANGLE PATTERN4020: Saudi Real Estate had a successful bullish breakout of a symmetrical triangle pattern. Target price can be set as SAR 30, around 17.5% from the point of breakout. Set SL according to your risk management plan. Enter a long position once price retraces and retests the triangle pattern's upper side.
Best of Luck!!
DON'T BUY 2310Some days ago, I posted to wait before you buy on 2310, but still some of the people who saw my post here and on other platforms bought and now they're in losses.
The problem now is the market is coming lower and it won't go higher anytime sooner.
The price now after it gave us a confirmation that it will keep coming lower, we'll expect it to go at least to 20.02 which is the point where we have our price gap that needs to be filled.
Again, don't waste your money on a stock that will get you in losses.
Follow for more!
DON'T BUY ARAMCOAramco is one of the stocks I receive questions about the most, and which took money for lots of people.
For now you can't buy, especially after the last Q of 2024 earnings, and we'll expect from the price to come lower at least to 26.60.
If you're holding anything on 2222, close and wait for the price to give us a clean entry to take and I will post it for you!
Follow for more!
ANALYSIS ON 1120I received texts about 1120 if you can buy or no especially after the last reports, you can see that the price came and broke the LQ level we have at 94.5-96.1 and now it is heading towards the LQ zone at 100.2.
I told my clients to sell at 94.5 where we have the LQ zone as a safety exit, but the price managed to keep going higher. Now if you still holding, make your target 100.2 to safely close your position and keep your profits.
Follow for more trades!
BUY 1150I'm sharing with you a trade I gave to my clients on 1150.
The market has started the bullish movement towards the liquidity level in between 32.95 and 33.25.
You still can enter and target 33.65 as our target.
Follow for more!
Though the stock is in Downtrend but...Though the stock is in Downtrend but...
Falling Wedge Formation on Daily TF (positive).
Also Bullish Divergence on Weekly TF (positive).
Crossing 2.40 will reverse the trend with
immediate Resistance around 2.80 - 3.
On the flip side, 2.10 - 2.15 is the Double Bottom
area.
