WAR what is good for ? Absolutely profit say it again. #SAUDI stock market chart.
On the Day that the UK government has authorised military strikes against Yemen.
I take a quick glance at the Saudi stock and see a #HVF in progress.
Saudia Arabia as version of the #UAE, as it reinvents itself
is the investment thesis,
if your morals allow.
We can get upset about geopolitics
But the war machines are powerful and keep grinding...
at least put you and your family in a better position financially is the most practical path for us to take on a personal level.
@TheCryptoSniper
#HVF
Saudistocks
SAUDI REINSURANCE CO. 8200 - Bearish SignsShow some week signs:
1- Monthly resistance at 20.36 which was near a target in previous trade.
2- wait to see in 20 - 20.36 if bearish candle appear.
price will back to these targets
TP1: 18.98
TP2: 200 moving average
if 200ma not hold will not surprise if price to back to 17 or 15
HALWANI BROS. CO. 6001 - Bullish Pullback to 200 Daily MAbullish pullback opportunity towards the 200-day moving average. Several strong indicators support this potential upward movement:
RSI Value Near 50: The Relative Strength Index (RSI) is hovering close to the neutral 50 level, suggesting a balanced market sentiment and potential for upward momentum.
Support Holding at 48.5 Level: The stock has demonstrated resilience by holding a crucial support level at 48.5, indicating buyer interest and a potential bounce.
As the price retraces, there's an opportunity for a second entry around the 48.5 level.
Target Levels:
Take Profit 1 (TP1): 53.2 level or 200 moving average
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!
DON'T BUY ON 2222Dear Saudi Traders and Investors, it's been a while since I last posted about any market.
Today I'm giving you some updates on Saudi Stocks.
Starting with 2222, as you can see on the daily chart, the price is currently on the tough support level we have at 32.85 with the highest volume we have in the period of the past 2 months. What you got to do now is you wait for the price to come back up with a confirmation of the pullback then you can get in with your position.
Don't hesitate to ask if you got further questions!
40% upside potential in The Saudi National BnakThe Saudi National Bank is the largest commercial bank in Saudi Arabia.
The share of the bank saw a rise in the form of a wave 1 in march of 2023 from the bottom and then a subsequent 80% retracement of the same from July till oct 2023.
The share has now kicked off in the new wave 3 structure. Since the wave 2 retracement was very deep, it opens up the probability of wave three getting extended and move all the way up till the 50 SAR mark.(44% from CMP)
One could look for some retracement of the past 4days move to make an entry and then ride the strong bullish wave 3 all the way it it lasts.
Note*- This post of is for educational purpose only.
DON'T BUY 2040Dear Saudi Traders and Investors,
2040 is one of the stocks I get asked about if there's an entry on it or no, and I posted about it 2 months ago and the stock is still heading down.
For now there's nothing to do since there's no sign of a squeeze or a pullback on a level, the stock will keep going down to reach the level 1 of the pitchfork.
If you don't know which stock to put your moey in or you're holding in a loss and you don't know if you will exit or you can still hold, Contact me and I will give you the assistance you will be need!
ANALYSIS on 6050Dear 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 price broke the level 0.7 of the fibb and now it's heading towards the level 1, again, it's not a good time to nuy 6050, invest on the other stocks you have the opportunity to buy on, and if you already bought and you're in loss, close your position.
For further questions, don't hesitate to ask!
ANALYSIS ON 1214Dear 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 0.7 of the fibb and this week it gave us a confirmation of the breakout, which means 1214 will keep going down, if you're holding the stock on loss just close so you don't make more losses, and if you're willing to buy just don't do it.
For further questions, don't hesitate to ask!
ANALYSIS ON 4031Dear 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 made a pullback on the level 0.6 of the fib, my customers and I were waiting for a confirmation of the pullback to buy, however, the stock continued going down and broke the level 0.6.
Please DON'T BUY 4031 now.
For further questions don't hesitate to ask!