SAUDI ARABIAN MINING CO | 1211 A series of Higher highs and higher lows is formed and currently a downtrend is expected which will create a new higher low and a buying opportunity.
1211 trade ideas
Saudi Arabian Mining CO. has reaches the top of the wave!This share has reached the highest peak of the wave 5 and it is a risk to ride on it. @Afnan6120
I would short it however, if it happens to go back to 82 then it cancels the the whole forecast.
1211: TASI (Maaden)Flag and Pole Breakout
AB = CD
Respecting 31EMA support historically (S&R)
Took Support from 31 EMA
Ready to take a Bullish Ride
Take your trades with your R:R, trailing stop loss
1211 Maaden at attracting levelall details are on charts
weekly and daily
RSI, 50MA, 200 MA, Fibo levels
lets watch and see
appreciate your support
continue follow and like for more
(1211)can be predicted for future, be patient and relaxed {"_"}.HERE you can watch my analysis as you can see in the attached chart, predicting moves of the candles (NOT PRICE) for more accuracy {"_"}.
1211The chart is showing close reversal to start a strong upward movement. The head&shoulders pattern is a possible scenario to consider
1211 SA Mining Co.All details are on the chart
lets watch and see.
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Saudi Arabian MiningSaudi Arabian mining company. If you want to join the rally.
It showed a wonderful results last year and quarter, I think it has a higher goals.
Saudi Mining COMPANY OVERVIEW
To engage in the various aspects of mining activities relating to all stages of the mining industry,
COMPANY HISTORY
Maaden was formed by the Royal decree number m/17 date 14/11/1417 (H) to under-take all mining activities and development of mining sector in the kingdom.
GOOD DAY TO BUY "SAUDI ARABIAN MINING"GOOD EVENING,
today there are very good indications that the SAUDI ARABIAN MINING's stock will go up in the next few days :
1)the SAUDI ARABIAN MINING's stock is over the VWAP so it's protected by it
2)it broke the VWAP so there is a very big strength of buyers today
3)it broke the last resistance to the up but not by strength
BUT
if it breaks down the VWAP and resistance which means if it rebounded on the resistance 80% there will be a downward trend
OPEN YOUR WALLETS IT'S A CHANCE
GOOD LUCK
Saudi Arabian Mining Co. (MAADEN)Bullish Indications
1- Bullish AB=CD complete @ 66.90
2- Major support @ 66.90
Bearish Indications
1- Dow: Series of LL and LH following downtrend
2- Trendline support
Plan A
Short @current price SL @ 72
TP1@66.90
TP2@62.90
Plan B
Long @66.90
TP1 75.90
1211: Geometric Chart Analysis for MAADEN (with targets)TADAWUL:1211
The Saudi mining company, MAADEN price-action level chart has been performing greatly for us since we first entered after the test of L3 and sold 50% at H2. We resized after successful testing to H3 and our current average is 39.50.
Looking for our interim target to be met at 45 and projecting 48 with possible outperformance to 50. Keep watching!
1211 Stock wll go up next few weeks1211 Stock wll go up next few weeks.
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
