1010 - Riyad Bank - Tadawul1010 has recently broken above a significant falling trendline on the weekly timeframe, signaling a potential trend reversal, price forming HH & HL on daily timeframe. buy at 28.15 which represents the HH on the weekly chart with the stop loss of 24.9 and Tp1 31.4, Tp2 35.1.
Riyadh Cables Group 4142**Riyadh Cables Group (4142): A High-Growth Opportunity! 🚀**
Riyadh Cables Group (4142) is positioned for an impressive rally with a **50% upside target** projected in the coming weeks! As a market leader in cable manufacturing, Riyadh Cables stands strong amid rising demand in construction and infrastructure projects, making it a prime pick for growth-oriented investors.
**Why Buy Now?**
- 📈 **Strong Market Position**: The company leads with high-quality products and steady market expansion.
- 🏗️ **Sector Momentum**: Increased infrastructure investment is set to fuel demand.
- 💹 **High Upside Potential**: Forecasts indicate a promising 50% gain in the short term.
Take advantage of this promising opportunity, but remember to manage risk with appropriate stop-loss strategies. With strong fundamentals and market support, Riyadh Cables could deliver substantial rewards for savvy investors!
Make it or Break itIf 135 is Broken we may see 124 & then
around 90 - 92 levels.
However, it should bounce from the 135 - 136 once till 150ish.
144.20 - 144.50 is Immediate Resistance
that needs to break & sustain.
On the flip side, if 177 is Crossed with Good
Volumes & Sustained, we may witness its
Uptrend target around 250 - 255