NOT A GOOD TIME TO BUY 1120Dear Saudi Traders, been a while since I last posted on Saudi markets.
As usual I'll be posting on the stocks most of you are buying, on 1120 as you can see, the market reversed after pulling back on the 93.6 level, now it is heading towards the 86.8 level to grab the Liquidity and fill the gap to go higher.
For now don't buy on 1120!
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Alrajhi
DON'T BUY 1120Dear Saudi Traders,
Since Tomorrow is the day most of you are going to analyze their charts and place their ordres, I'm sharing with you the markets you can't buy for this week.
The first one is 1120, you can notice on the chart how the volume is giving us an indication not to buy, as the chart does when the market pulled back on the resistance level to head down to 78.7 level.
Hold your funds for now.
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DON'T BUY 1120On 1120 as you can see on the chart, the market came up to fill the imbalance we had and now it's continuing its way down towards the level 71.2.
Don't waste your money on stocks that are obviously going down, there are other stocks in which you still can put your money in and come with profits.
The comment section is all yours for further questions!
DON'T BUY 1120Dear Saudi Traders and Investors,
I'm sharing with you some of the stocks you can't buy currently since you will lose your money if you do so.
Here on 1120 as you can see, the stock is consolidating in between the strong levels 90.5 and 81.3, for now you can't do anything unless the price crosses one of the levels.
Check out my profile for more stocks you can't currently buy.
Don't hesitate to ask for further questions!
1120 IS CONSOLIDATINGDear Saudi Traders and Investors, it's been a while since I last posted.
Today I'm sharing with you this analysis since I got asked by some of you and my private community members about A BUYING opportunity on 1120.
You can see on the chart that 1120 is currently consolidating for the last 2 monts, you must wait for it to break the channel.
For further questions don't hesitate to ask!
DON'T BUY 1120 NOWDear Saudi Traders and Investors,
As you have read on the title, don't buy 1120 this week, you can see on the chart, the price is currently on the tough resistance we have at 83.2, since it has a high volume, we must wait for the price to give us a confirmation that it will continue on its way up. If not this MIGHT be a pullback, however there's a high probability of going higher. To play it safe wait for the confirmation.
Don't hesitate to task in case you got furder questions!
ANALYSIS ON 1120Dear Saudi Traders and Investors,
I'm sharing with you today analysis on some stocks you can't buy currently since you will end up by losing your money. Buy on the other stocks on which you have an opportunity to buy, before you do make sure to get you a good consultation!
As you can see on the chart, the stock broke the level 0.6 a month ago and now it still going down heading towards the level 0.7. If you're holding the stock in loss close before making more losses, and if you're welling to buy this isn't the good moment to buy.
For further questions, don't hesitate to ask!
ANALYSIS ON 1120Dear Saudi Traders and investors,
Yesterday I posted about a stock you can't buy since it's going down, today I'm sharing with you some of the stocks you can't buy until it gives an entry point.
You can notice on the chart that the price broke the support level we have at 70.5 and now it's heading towards 61.8, for now don't buy, wait for the appropriate entry point or invest on other stocks that will return you with profits.
PowerfulThis stock is still in a uptrend, for now its just correcting itself for the last few weeks. We can see good buying from 138 area confirming bulls are in this region and sellers are not very strong currently. With the last candle taking a pause right after the strong bullish candle I think this will be a good buying opportunity once we see it crossing 15.20 area and the targets should be around 175 area for mid to short term.
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AL RAJHI BANK A very golden buying opportunityHi, according to my analysis of Al-Rajhi Bank stock. There is a very good buying opportunity. The stock rebounded from a very strong area, which is the support at the 70 level. It also broke the bearish flag with a very positive green candle. It means a strong entry for buyers. good luck for everbody
BUY 1150Dear Saudi traders, I'm sharing with you today an analysis on 1150 where you can take a swing trade, I rarely post trades I give to my customers to public but since they all have no problem with that I said why not to share it with you.
Buy and set your SL and TP at the levels you desire.
If you got any question the comment section is all yours.
Quick analysis on 1120Good afternoon dear Saudi investors, since this week is a holiday, I said why not to share with you some quick analysis on 3 of your local markets.
As you can see here on 1120, the price kept consolidating in a channel for the last 4 months, in this case I told my customers 2 months ago not to buy it until we get a confirmation of the breakout of the channel, lately I recieved too many DMs from people who have bought in a wrong time due to bad consultation asking whether they keep their position or sell. Please before you get in a stock always make sure to have a good consultation and always make sure to buy in a safe zone.
Well, here in this case you must wait for it to break the channel it is consolidating in then you buy.
Let me know if there's any market you want me to analyze for you.
AL RAJHI BANK: And the show goes on The 15th of February , TADAWUL:1120 has broken above a key level (153.2) with huge bullish momentum ,
which triggered a sudden spike to around the 170 .
After the quick spike ,price pulled back down to the 150.5-155.5 area which is an ideal buy zone with strong demand . Actually price is very likely to go up to the 179-180.5 area ,with the possibility to break above the 179-180.5 area and continue to the 195-200 area .
For position management it is recommended to apply Jesse Livermore's method to this trade :
Open 2 positions with the same Stop set in the red area .The first position's target is set at the 1st target area .The second position's target is set at the 2nd target area .When the first position reaches the 1st target area and closes , it is recommended to move the stop loss to the entry price for the second position targeting the 2nd target area .
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