TASI might hit 9000 After a Slight CorrectionTADAWUL:TASI could continue rising and reach 9000+ in few weeks after slight correction which is @ 7865.
TASI trade ideas
TASI move to 10000After break of 9127 we will go to 9220 for sure. Hamor will start to buy after break of 9227 which will open our positions to 9600. Many bad analysts that work for hawamer they spread rumour of TASI to go 7000 again. But dont believe them follow my chart and you will see that after break of 9600 move to 10000 will be open for sure.
TASI - Saudi Tasi needs to stay above uptrend support @ 8640 . If it breaks and confirms break down below could turn to downtrend.
TASI breakdown on early FEB 2021 Based on my analysis I guess the market will reach 9100 and go down in early FEB 2021
I don't have any stock at this market, yet this is only a fun analysis, do your own due diligence before making any real financial decision
TASITwo Scenarios might play with TASI. Either we go straight to 9,200 with a stop at Target 1. Or more correction to 8,180 area and then to 9,200.
Expecting Tasi Predict the Tasi movement for the coming days.
GANN+RSI are the indicators that have been used for a long time to gauge the market direction. This simple techinque is used by getting the daily RSI bullish davergance and then calcluate the squares movmmet to get uptrend .
There is one condtion to achive that by closing two days above the first square and w'll update taht later
Markets about to drop.. resistance rejected todayMarubozu bearish candle was formed once uptrend was broken, today strong rejection to break out from marubozu range, drop expected, first support at 8,350 area
SQEEZE ZONE IDENTIFIED - TOP RANGE BROKEN DOW- TADAWUL TASI 30MN#tadawul #TASI #squeeze #pullback #downtrend
The red line identifies a probable zone of squeeze and pull back. If it is broken down, there is strong probability to see the price going down further.
The blue up trending line and the two other blue horizontal line helps you to get the story for a day trader on the TASI. After a super squeeze, the market price went up and then ranged for a while before losing some power and going under the up trending blue line. Later on we observed the price ranging and going down strongly with a very significant move. Probability of people taking profits all together. I might not be done yet. The rend zone down there is probably a pivot point. Decisions are to take from there.
Waiting for price movement and clear trend would be advantageous.
For the moment we have probability to see the price going down further, ! checkpoint being traced by the red dotted line.
