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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!
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!
Quick analysis on 1120Dear Saudi investors, I'm sharing with you one of the analysis I gave to my clients days ago on 1120.
As you can see the price kept consolidating on a channel for the past year, now as you can see it's about to break the channel, if you're welling to buy don't do it since it's too risky to do now.
I'll be posting it in the future but it will be a week or two delaied since I can't share to public at the same time I give them to my clients.
BUY 7010Dear Saudi traders, as you can notice on the 7010 (SAUDI TELECOM) chart, the price just broke the HH of this month with a high volume, that means in our trading system to buy the stock for the day trade. You can BUY 7010 Sunday.
Please let me know the markets you want me to analyze in the comment section!
TIME TO BUY SAUDI BASIC INDUSTRIES CORPHellow dear investors, I don't usually post these analysis for free but since you likes the old 2 ones I posted the other day I said why not to post another one to share with you what I see about SAUDI ARABIA stocks.
Following the chart, you can see that the price went on a downtrend then broke the support line we have at 87.25, before it does, it did a pucllback on it with a high volumed small candle, all matters is the volume which is the most interesting one in the last quarter of the last year, after that it broke the support with low volumes which means in my strategy that it won't last for long and yeah it did came back to its way to continue going up.
What are you still waiting for for not buying the stock now ?
For more information don't hesitate to ask !
SAUDI TELECOM CO looks promising .After publishing (On May 1st) the buy entry on my profile for TADAWUL:7010 it went from around 90 to 100 so far (Over 11% Growth) .Right now , being priced at 100 , there is still a promising potential for this stock .
In fact this stock is showing a powerful bullish momentum .AS LONG AS it remains CONSIDERABLY ABOVE the black line (like now) and closes the week considerably above the black line it would very likely continue up to around the first blue rectangle (105-110 area) with the strongest level in the blue box at around the 106.7 .At that point it would be interesting to watch an upward break of the blue rectangle and a considerable close above the first blue rectangle .That I think would be a powerful signal that we would continue up to around the second blue rectangle at the 117.5-120 area with the strongest level in the box being around the 117,5 .