THE SAUDI NATIONAL BANK (1180)Looking pretty bullish, the weekly close is tempting.. the targets may seem imaginary, but it's only a matter of time.
Saudi
2230 STOCK SALE
Hello ladies and gentlemen, according to my 2230 chart, I am currently recommending a short BUY of 2230 stock as there is a high probability of reaching $45 in the next few Days.
USDWTI H4 - Long SetupUSDWTI H4
A break short of $70/barrel would be quite significant in my eyes, threatening the break as we speak, but need to ideally see a solid H4 close below. Our H4 support region is trading marginally below that $70 whole number, but the 'zone' is still a decent support region.
Just need to wait for price exhaustion, especially with a volatile pair like WTI. Not personally something I'm looking to trade this early on in the week, but worth updating the watchlist from yesterdays webinar.
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.
TASI might hit 9000 After a Slight CorrectionTADAWUL:TASI could continue rising and reach 9000+ in few weeks after slight correction which is @ 7865.
1211: Geometric Chart Analysis for MAADEN (with targets)TADAWUL:1211
The Saudi mining company, MAADEN price-action level chart has been performing greatly for us since we first entered after the test of L3 and sold 50% at H2. We resized after successful testing to H3 and our current average is 39.50.
Looking for our interim target to be met at 45 and projecting 48 with possible outperformance to 50. Keep watching!
TASI - Saudi Tasi needs to stay above uptrend support @ 8640 . If it breaks and confirms break down below could turn to downtrend.
BTC analyse 24.01.221- 24.03.2021hello dear traders its been along time, as we see BTC had made a very massive bullish trade last months, but after hat directly BITC LOSES about 20% of its value, but why ? we all know why, but what its more important is net step of BTC :)
AS we see we will have one of those scenario A or B , but both of them they have same end which is to reach +46000e,
as possibilities gives 65% that we will have a massive bullish trade, and in my opinion will be the history chance.
the entry point will be in 21000e, but we have to wait if price goes down more.
and if price didnt goes down more so entry will be in 27000e
Oil running out of steam...A difficult call here after clearing OPEC manoeuvre. Of course the supply sacrifice was possible, but the shallow support is now completely cooked in the price. For those tracking the full OPEC moves:
Of course buyers won the highs and we made some decent gains from the latest taking of the latent 46 highs. But as this price action is showing, we have to deal with profit taking and further lockdowns coming for California and etc will not help. The theory of a revisit of $41 / $40 will cast light on the extended lockdowns, covid chapter (3) and an eventual flood on supply side one more time.
In the long term, we are back to the previous breakdown that we traded last Winter.
The macro retrace is almost over and as sellers start to form a high, it appears that late buyers are exposed and are likely to be sent backwards. The highs did not hold, to confirm the break up was rotten we need to get back below $45.
Thanks as usual for keeping the feedback coming 👍 or 👎
The only problem for now is the less volatilityWith this simple price action, we can estimate that the market can go higher,
The major confirmation that we will need is to see a greater volume provided by the buyers.
Tihama Update - Buy & Follow the Fibonacci Levels-For Tihama the good thing to do is to follow the Fibonacci extension to well measure the extension of the current bullish move, so normally we should close at the level 63,09 or 64,64 and you can see that it match up perfectly with the resistances, but what is more logical in my opinion is to close at 63,09? SO STAY IN YOUR POSITION
WE NEED TO RESPECT THE PRICE ACTION MOVEMENT TO STAY PROFITABLE WE NEED TO RESPECT THE PRICE ACTION MOVEMENT TO STAY PROFITABLE IN THIS MARKET,
Zein Analysis For The Next WeekI think that we are in a good place to buy but all we need is that the price must be up to 13,31 and then we can enter and put at least the level 14,07 as a target and it may vary regarding the behavior of the market in the next week
Saudi Ceramic Analysis & Forecast We need a good candle in term of Body/Volume to judge that the market will change the trend
This is what professional do That would be an easy profit,
PS: the target level it is just a primary and may vary regarding the next behavior of the market
3003 Stock will go up next week 3003 Stock will go up next week.
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
WE ARE IN A SIDEWAY POSITION AND WE NEED TO GET OUT OF IT ASAPWe need to get out from this sideway position to get a clear view about the market, but as a first view,
the market will breaks the upper of this range with a high probability
BUY AFTER THE RESTEST AT THE LEVEL OF 78%Dear all,
I think that we have to spot a good entry point within the level of 78%
kind regards
WAIT UNTIL YOU SPOT A GOOD ENTRY POINTWe need to wait further more until the market reach the range of the oversold profile then we can spot a good buy entry and take a wise investment
