Saudistocks
2001 reverse area to create a high trend?Hello everyone,
I would like to share my analysis of this stock, which I have been following since September 2022. The price is currently in a zone that has a high probability of initiating a countertrend and starting an upward movement. I see the downside target at 16.46.
Please note that the current time might not be the best for entry, but I decided to share this analysis for those interested in following this stock. I have included an explanation in Arabic on the chart that explains how to enter the specified area, hoping that the explanation is clear to everyone.
Please be aware that I have not read the financial statements or any news about the company at all, as I do not have the time for it. This is your responsibility.
I welcome any inquiries or discussions about this analysis.
7010 IS STILL GOING DOWNLast week I posted not to buy 7010 since it is continuing its way down to fill the gaps we have in the market.
Now as you can see the market is approaching to the level it will pullback on, and that doesn't mean that it's time to buy since we must wait for some conditions to be met before we decide if we buy or no.
For more questions, don't hesitate to ask!
LCID has another falling wedge breakout LONGLCID is making its move while Fisker got halted and will be delisted. LCID has a rich uncle, a
Saudi billionaire running the national wealth fund there. Fisker lost its suitor in Nissan and tried
to raise cash by selling cars under cost. I would be afraid to buy a car from a company about
to head into bankruptcy. Anyway, time to buy LCID for now, it has a vaccine against the
contagion. I happen to be very fond of falling wedges especially when they repeat. My skills
in Elliott Wave analysis are nil but this is one to analysis. In the meanwhile, it's a buy ( no
I am not a fan of Jim Cramer.)
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 7010I got asked too many times about 7010 if there's a possibility to buy it, as I recieved many messages from people who have bought in the wrong timing.
As you can see on the chart, the structure of the market shows that it will keep pushing down toward the 34.90 level. which means there's no point of buying it currently and risk your money. Instead you can buy on the other markets in which you got good opportunities.
For further questions, don't hesitate to ask!
BUY 7010Dears Saudi Traders and Investors,
I'm sharing with you one of the trades I gave to my private community,
As you can see on the chart, the price is now heading up after the pullback it made on the support level at 40.70.
You can buy and set you SL and TP on your own risk.
Son't hesitate to ask 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!