Saudiarabia
SABIC AGRI-NUTRIENTS CO To SELLDear investors, my analyses concluded that the price of Sabic agri-nutrients stocks is still going to decline, so my advice is to get rid of any long position because of the high probability it showing to decline more and keep your portfolio safe.
if you have any concerns contact me for more details.
Tadawul: 2030 Al Masafi Long PositionBackground
TADAWUL:2030 in bearish market since 18th of Jan 2022 (156 d) with a loss of 46.99% (69.98)
Current Situation
The recent oil price hike observed a series of trend reversal candle stick patterns consisting of Morning Star, and Tweezer Bottom Pattern in succession during the past 8 days (since 20th June 2022)
Trading Strategy
Entry Point = 92.10
Stop Loss = 88.70 (30 points less than Low of 1st candle of bottom tweezer t avoid stop loss hunting)
1st Target or T/P = 95.5
Portfolio Size = 1000
Risk = 2%
Risk/Reward Ratio (R/RR) = 1.0
Qty = 5
Total Investment in Trade = 460.5
Maximum Possible Loss @ Stop Loss = 460.5 - 443.5 = 17