Aramco
Aramco,saudi arabia oil co,longAramco, Saudi Arabia oil co, huge momentum breaks the resistance with force and volume
Buy crude oilThere is a high probability for the crude oil to reach the $100 level in the next month
The analyse of AramcoAramco was in a down trend, then a massive candle with an importante volume broke this down trend, then it return to the down trend line for testing as we see in the chart (first pull back) then he retested the trend line (second pull back) then it's resumming the up trend.
All of that indicate to buy Aramco or to keep it in portfolio.
KNOWLEDGE ECONOMIC CITY, KNOWLEDGE ECONOMIC CITY, I don't recommend keeping it in your portfolio, probably we will see a downtrend in the next few days.
TESLA, I do not recommend buyingTESLA, I do not recommend purchasing at this point, but keep it in your portfolio,
but when the market breaks out the support level I mean the trading range 880$ level, we will have a huge probability.
the stock probably will visit 785$ or 547$ this is the worst scenario,
but when the market breaks out the resistance with the force which is volume, probably we will see a new price 1444$ or more
Saudi Aramco,the decisive day is coming Saudi Aramco, Saudi Arabian petroleum and natural gas company, the decisive day is coming
Accumulation ZONE on Saudi Aramco StockAccumulation ZONE on Saudi Aramco Stock.
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ARAMCO technical analysis, update, 2222As expected in our previous analysis of the share, it broke the upper line of the pattern after 3.5 months. The share seems on its way to reaching the set goal of 45$.
Buy CL Cl is on a historical zone . the potentiel of going long is greater than short in the next days
ARAMCOARAMCO is forming an Ascending Triangle started in early Nov. 2020. Priced reversed from the downward trendline and the resistance area at 36.00 bushing ARAMCO to test the bullish support line of the triangle pattern. This declining is confirmed by indicators such as the RSI and OBV, hence breaking below the support line will forced ARAMCO to continue its downtrend. On the other hand, breaking over the bearish trendline then the resistance area at 36.00 will be the beginning of the bull market.
2222: To where?So until now 2222 is for "buy" but if we break (1) with a big bearish candel so now we have to sell 2222 but if we'll break (2) in this case we can double our position and make really good profit.
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Tadawul All Share Index - Weekly - Saudi Stock Market IndexTadawul All Share Weekly Index - SAUDI ARABIA
11th April, 2021
As shown the Index is in multi year
correction from historical all time
high around 20000 mark.
Possible wave count suggests
one more leg down to as low as
6000 area may seen. The forthcoming
down move may coincide with
lower oil price and lower US,
Europe and other world stock markets.
Sustain trading above 11000 negates the downtrend scenario.
ARAMCO WILL CHAANGE THE TREND Now we saw that the market is rejecting the support level and can't go inside the range so this is a good opportunity to buy the market, put your SL at 33,40 and your TP at 35,01
Kind regards
PREPARE YOUR TRIGGER TO SELL YOUR SHARES AT THE REQUERED LEVELthe buyers are still in control but we can't guarantee if the market will continue up after reaching the level of 90, this level should be your target level where you should be out of the market and sell your shares for a better and safe investment
A Falling Wedge on The Daily frame - Saudi AramcoAs we can see in the chart, a descending falling wedge has been broken. Wait for the retest.
TASI WILL BE IN A CORRECTIVE WAVE! STRONG INDICATION!Please share with me your thoughts,
kind regards,
WE STILL HAVE FRESH BREATH TO REACH THE TARGET LEVELthis is an analysis for one of the best SAUDI ARABIA STOCKS,
stay a buyer
EXPECT A HIGH BULLISH TREND THE MARKET WILL BOUNCE TO THE TOPPlease share with me your thoughts,
Kind regards
JARIR IS VERY STRONG BUT THE BEAR WILL REAR SOON PREPARE TO SELLPlease share with me your thoughts, Regards
