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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Alrajhibank
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.
Follow for more!
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.
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
ALRAJHI BANK 1120 still in downtrend!1year of correction still going strong..
we might see a pullback to 87 at most than heading to 61.8 which is act as a support.
the main support entry which I recommend to wait for 49-55 levels..
Now, I see a little swing trade with a maximum STOPLOSS at 66 and targeting 80 levels.
if there is a weekly close under 69.1 we might see 61.8 shortly be careful!
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.
Quick analysis on 1120Dear Saudi investors, I'm sharing with you one of the analysis I gave to my clients days ago on 1120.
As you can see the price kept consolidating on a channel for the past year, now as you can see it's about to break the channel, if you're welling to buy don't do it since it's too risky to do now.
I'll be posting it in the future but it will be a week or two delaied since I can't share to public at the same time I give them to my clients.
ANALYSIS ON 1120Dear Saudi traders, as you can notice on the 1120 (AL Rajhi Bank) chart the price is under the VWAP with a low volume. Before you buy, you must wait for it to come above the VWAP with a quite high volume compared to the past ones. Once it does I'll share it with you so you can buy the market.
Please let me know the markets you want me to analyze for you in the comment section!
Quick analysis on BURGAN BANKGood afternoon dear Kuwait inverstors!
I saw people on a group arguing on whether they buy BURGAN BANK stock or no, I made this analysis to share my thought with you.
You can see on the chart that the price kept going down on a channel for the past 9 years, Aug 2022 it did what we call a squeeze on the system I follow. Currently, the market is consolidating and we'll be waiting for it to break the channel to see if you must buy the stock or no.
For more questions on any market you want don't hesitate to ask and I'll be answering with pleasure!
Quick analysis on 8040I'm sharing with you an analysis I have made onths agoand kept private, as you can see on the chart the price came down to pullback on the tough support we have at 12.91 multiple times then managed to break the resistance line with the highest volume in months, then it managed to make a pullback on the vwap last week to continue climbing up.
Buy it for long term profits.
In case you got any question about any market don't hesitate to ask I'll be answering with pleasure.
TIME TO BUY SAUDI BASIC INDUSTRIES CORPHellow dear investors, I don't usually post these analysis for free but since you likes the old 2 ones I posted the other day I said why not to post another one to share with you what I see about SAUDI ARABIA stocks.
Following the chart, you can see that the price went on a downtrend then broke the support line we have at 87.25, before it does, it did a pucllback on it with a high volumed small candle, all matters is the volume which is the most interesting one in the last quarter of the last year, after that it broke the support with low volumes which means in my strategy that it won't last for long and yeah it did came back to its way to continue going up.
What are you still waiting for for not buying the stock now ?
For more information don't hesitate to ask !
TIME TO BUY AL RAJHI BANK !Dear investors, this is time to buy AL RAJHI BANK stocks. As you can see on the chart the price kept consolidating in a specefic channel the past eight months, I have been waiting for this exact moment to announce you this for the past three months, here we are today. After the consolidation and the small range of volumes, this week we got a high volumed springbox at the end of the down trend, plus it pulled near the 209 EMA. What are you still waiting for ? BUY AL RAJHI BANK stocks !
In case you have any question don't hesitate to ask I'll answer with pleasure