gamall1987

gamall1987 Updated 

QQQ is moving inside a bearish trend after completing the 5 impulse wave. It has however reached wave minor 5 and C corrective wave but I believe, it is still bearish. That last point is not a reversal one and I could be wrong. As you can see a diamond-pattern not an ideal because its head is chopped off. Well it broke down and did a retest and is supposed to go down.

gamall1987 Updated 

National medical stock has been in an accumulation for a while and now is supposed to take off to reach the level of 100s. See chart for targets.

gamall1987 Updated 

RMTI can be bullish and only confirmed if breaks out the symmetrical triangle. otherwise it cancels the whole forecast. 2.10 and 4.11 are resistants of a previous support. 10 is the wave target.

gamall1987 Updated 

Will explain later as I need to confirm wave-c so it could be a start of an impulse trend. 37 is a stop-loss.

gamall1987

The stock has slightly penetrated the top of the price channel. Moving above it confirms the bullish move. however, if it happens to throw over, it may retrace back to mid-bottom of the price channel and then starts another move.

gamall1987

Saudi Printing and packaging stock has formed a descending triangle and targeting areas of 22.30. 18.80 is confirmation and it must close above it on a daily timeframe. 16.30 is the stop-loss. Cheers gents,

gamall1987

Al-Jazeerah Takaful is partially penetrating a H&Ss neckline and the target is demonstrated in chart. The dashed line is the wave target. It however could only reach the wave target and may not reach the Head and shoulders target.

gamall1987

The stock is moving towards the target. Watch out for the coming resistance. 16.24 is a stop loss.

gamall1987

DUSTUSDT is moving towards the third wave as the second has retraced to 0.618 a golden ratio. Notice the neckline of a top Head and shoulders which is near the 0.618 level. Be careful not to cross down that otherwise it cancels the whole analysis.

gamall1987 Updated 

The Gypsum is believed to be bullish after hitting a strong support that previously a demand zone. Target as seen in chart

gamall1987 Updated 

The Saudi giant Aramco is thought to be bullish as it has broken out a downtrend. See the stop-loss and if it happens to go below, then time to short it.

gamall1987 Updated 

Alrajhi has two schools suggesting its bullish move, the harmonic and classical triangle. My forecast is that the stock will hit 80 based on the tools highlight in chart.

gamall1987 Updated 

Anaam has been very bearish recently and there were some potential for a break-out but it faked a penetration of a down trend (See my previous analysis). Up to now, it has formed a descending triangle in which it broke down a little and reversed to go bullish. Some analysts call it a wave throwback, a very usual behavior in Saudi stock speculations. Targets as...

gamall1987

The stock has met all Elliott wave principles and now moving on wave 5. It may, however, retrace a little and continues its bullish wave to target the top of the price channel highlighted. If it penetrates with decent volume, it is going to the second target. The third target is the H&Ss that might hit after penetrating the second one.

gamall1987

Albilad Bank is likely to be bullish to hit the wave target as demonstrated in the chart.

gamall1987 Updated 

Wait for a confirmation for that potential scenario. breaking down the price channel is a stop loss. Cheers, j

gamall1987 Updated 

The coin has gone inside a downtrend until it formed a descending triangle. Previously, I indicated that it can be bullish if only breaks out the triangle. However, it went on to form another classical pattern " Inverse Head and Shoulders" the right shoulder has not completed yet, however, a volume may confirm its build up formation. Targets as highlighted in...

gamall1987 Updated 

Seera is bullish and make sure previous tops are your resistance till it reaches its final destination shown in chart