National Industrialization Company SJSC (2060)Hello traders,
It's time to be looking for industrial stocks.
technically it targets 10.6 and 11.6
Good Luck for you all
2060 trade ideas
2060 last bottom? As you can see we seem in last words before go uptrend start when we hit and breakout Top2 and stay above it to hit all targets above inshallah!
2060 Al Tasni Company Summary
2060 Al Tasni Company, currently priced at SAR 11.40, operates in the petrochemical manufacturing sector. The stock is forming a price range between SAR 11.10 and SAR 11.60, presenting a potential entry point for investors.
With a 52-week range of SAR 10.40 to SAR 15.50, the company has shown volatility influenced by market trends.
It maintains a robust balance sheet with healthy cash reserves and manageable debt. Recent financial results indicate consistent revenue and profitability.
Analysts rate the stock as a "Buy," with a 12-month price target of SAR 14.00 to 17.
A Key growth drivers include expansion plans, new product lines, and strategic partnerships. Investors should monitor global oil prices and regulatory changes in Saudi Arabia, while considering a stop loss at SAR 10 to manage risk.
2060 NATIONAL INDUSTRIALIZATION Nobody Knows Where is Price Going.
Hey traders, here is the analysi.
If you guys like my analysis please hit like?? and follow.
Thanks.
DISCLAIMER- This is not financial advice.
SMART MONEY CONCEPT.
identify Liquidity Or Become Liquidity
2060 Al tasni stock , in important levels and will be passing it soon as the company improves financially and ready to back to higher levels.
All the best.
2060 (TASNEE) (Hourly Setup)Breakout and retracement from support zone
Short term trade with good potential setup
two entry points are specified
trail with SL
2060 (TASNEE) (Trendline Resistance Breakout)Completion of Harmonic Pattern
Falling Wedge Top (Trendline Resistance) Breakout is observed
Formation of HH, HL
Double Bottom Formation
A good potential setup with small SL is available for short term ride with further potential extension.
trail SL
2060 To Remove From Portfolio !Dear investors,
According to my analysis of the NATIONAL INDUSTRIALIZATION share prices, it indicates a continuation of a bearish market after breaking out of the consolidation with a big volume.
Chat with me on Trading View for more explanation.
end the down trend to 2060 The trend has changed and now it may return to test 15.4 and then follow the price behavior with the hope of going up to 19
(2060) NATIOANL INDUSTRIALIZ can be predicted for future, {"_"}.(2060) NATIONAL INDUSTRIALIZATION in the future this chart will be updated,
if you want me to analyze your stock feel free to contact me private {"_"}.
2060 Break And Retest2060 making a break and retest of key level at 21.3 SAR.
!st TP: 23.7 SAR
Stop Loss: 21 SAR
1:3 RR Trade
Please do your own analysis before taking trade.
Tadawul 2060 about to approach a very strong residenceAltasneea 2060 is about to reach a strong resistance of 13.94 riyals per share. Will the stock be able to beat that resistance?
2060P/E = 9.8
RoA =2.98% (Low)
Div Yield = 11.92% (Calculated so not accurate)
RSI (M) =39.5
The target price at 19 SAR should be reached in 1-3 years. Plus dividend earned.
Buy 2060National Industrialization 2060 is today's trading session and is down slightly by 0.23% at 17.10 levels so far.
Technically, the ascending trend has been tested for a few days, forming two consecutive floors, unable to break it as a support level and rising to current levels while remaining calm until it gathers momentum to test the resistance level represented by the bearish trend.
Buy recommendation at current levels is 17.14 and it is correct to buy even within the 17.20 - 16.90 levels with the purchase strengthening at every drop until 17.00 levels
The target is 19.00 - 19.20
Stop loss at 15.60
