YANBU NATIONAL is showing some fake movesYANBU NATIONAL is showing some fake movement but never can have a clear forecast
2290 trade ideas
Yanbu Petrochem (2290) to target 47.5 after crossing resistanceDaily chart, the stock is about to cross the resistance up, and then will go bullish to target 47.5, passing through some minor resistance levels as shown on the chart.
Technical indicators:
MACD is about to cross up zero line - positive
RSI is positive
2290: Buy ideaOn 2290 as you see on the chart we have the breakout of vwap and also the breakout of the resistance line so it's mean that we will have a big probability to have an uptrend.Thanks!
2290Retest 50EMA and retest previous high
Lets watch and see
share your thoughts in the comments section
Expecting Harmonic Pattern Expecting %78.60 fibo-correction point (C) of wave (AB) @ 48.81 SAR. which meet the bottom of uptrend yellow channel within next week. (Also it is weekly demand zone).
Then probably %127.00 fibo-target point (D) of wave (BC) @ 96.68 SAR. which create a perfect hamonic price pattern where the target meet at tge middle of both uptrend yellow-blue channels at the end of February 2024.
Sincerely.
Note: buy&sell is always you're business nobody else.
YANBU NATIONAL PETROCHEMICAL CO - TASI : LongDouble bottom pattern spotted for this ticker TADAWUL:2290 ,, bullish here , lets see how it unfold ..
YANBU NATIONAL PETROCHEMICAL COAfter the first failed attempt to cross the support line, the market is about to try to cut the support line again
This is for me only, I am a beginner! P/E = 14.515
RoA = 11.44%
Div Yield = 6.88%
RSI (M) = 40
The target is at 73 SAR plus div collected. 1-2 years.
