2230 - Saudi CHemical CO Short Set upForming Double top pattern with bearish divergence. Have my sell stop / entry at 10.80.
entry - 10.80
stoploss - 11.32
tp-1 - 10.28
tp-2 9.77
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2230 trade ideas
SAUDI CHEMICAL COIn finance, a "gap up" refers to a scenario where the price of a financial instrument, such as a stock, commodity, or currency, opens significantly higher than its previous closing price. This often occurs due to positive news, earnings reports, or other market-moving events that occur outside of regular trading hours.
For traders and investors, a gap up can present both opportunities and risks. Those who are long on the asset may see immediate gains, while short sellers might face losses. However, there's always the uncertainty of whether the upward momentum will sustain throughout the trading day or if it will reverse.
It's important for traders to analyze the reasons behind the gap up and consider factors such as trading volume, market sentiment, and technical indicators to make informed decisions about whether to enter, exit, or hold their positions.
2230 is hitting 5.5 SRThe price is going to hit 6-5.5 for closing the gabs/retesting/Simple correction
then it is going to hit the green zone again up as a retest
2230| Saudi Chemical Company📊 Saudi Chemical Company
📈 Updated analysis!
💰25 % gain achieved since last analysis
Forming triple bottom and retesting for breakout. After breakout confirmation, will form uprising channels.
🏹 Targets and other details in chart
Good luck!
Please do not forget to support, cheers, like, comments and boost!
Thanks!
2230| Saudi Chemical Holding CompanySaudi Chemical Holding Company
Bullish broke ascending triangle as predicted now trading in ascending parallels channels
All targets so far achieved 4.76, 5.05, and 5.20
Targets/resistance (Green) and support (Red) as in the chart
Good luck!
2230| Saudi Chemical Holding CompanySaudi Chemical Holding Company
Bullish
Targets/resistance and support as in the chart
Good luck!
2230| Saudi Chemical CoSaudi Chemical Co
Broke out its symmetrical triangle!
Great long-term entry
Next target 5.10 SR
Good luck!
2230 STOCK SALE
Hello ladies and gentlemen, according to my 2230 chart, I am currently recommending a short BUY of 2230 stock as there is a high probability of reaching $45 in the next few Days.
WE ARE IN A SIDEWAY POSITION AND WE NEED TO GET OUT OF IT ASAPWe need to get out from this sideway position to get a clear view about the market, but as a first view,
the market will breaks the upper of this range with a high probability
