Another market that people are asking about is 2310. Don't buy it, and if you have already bought and you're in losses close your positions and wait for the market to give you a proper entry and take it! Let me know which market you have bought in losses!
As you can notice on the chart, the market still got some gaps to fill before going Bullish. To buy on 2040 you must wait for the market to fill all the gaps then you can have a safe entry. Let me know the stocks you're holding in losses.
A month ago I posted not to buy on 2222, but still some people have bought and cashed out all their savings, and some are still in big losses. The stock is still heading down. DO NOT BUY IT! Let me know the stocks you have bought for loss!
It was great week with this stock in low time frame and now show strong signs in daily: 1- Break VWAP 2- Break level 10.8 3- Bullish candle Price Target TP1: 11.88 TP2: 200 MA
Dear Saudi Traders, Since Tomorrow is the day most of you are going to analyze their charts and place their ordres, I'm sharing with you the markets you can't buy for this week. The 2nd one on the list is 2222, you can see on the chart that the market has just pulled back on the strongest candle we have which plays the role of a strong level on the market. Plus,...
Dear Saudi Traders, Since Tomorrow is the day most of you are going to analyze their charts and place their ordres, I'm sharing with you the markets you can't buy for this week. The first one is 1120, you can notice on the chart how the volume is giving us an indication not to buy, as the chart does when the market pulled back on the resistance level to head down...
4220 Emmar 12% profit with low cost. The company has a huge projects that are working on and 6.5 is undervalued. It has a gap to be filled with 12% profit from 6.5 and stop line is under 6.3
At the moment these are the bullish indications of TASI: 1. Taking support at 50% fib level of the uptrend that lasted from 24th Oct 23 to 24th Mar 24 2. Making a double bottom pattern 3. Taking support at an important support/demand level Is downtrend over?
TADAWUL:TASI Harmonics pattern drawn on TADAWUL:TASI shows the bullish trend till 11100-11200. Bearish reversal zone may start from this zone and may correct around 10960-10860. After taking correction, #tadawul will continue its move towards 11625 as showing strong bullish trend.
Investment Details: - Stock: 4240 (Fawaz Abdul Aziz Al Hukair) - Quantity: 2000 shares - Purchase Price: 12.00 SAR Review: I recently invested in 4240 stock on the Saudi Stock Exchange, specifically in Fawaz Abdul Aziz Al Hukair. Initially, the investment seemed promising, with the stock priced at 12.00 SAR per share when I purchased 2000 shares. However, my...
Filing and Packing Materials Mfg Co, with ticker 2180, is capturing attention in the Process Industries sector, particularly in Containers/Packaging. The stock, currently priced at 57.8 SAR, is part of a vibrant industry that has seen a surge in demand due to the rise in e-commerce and sustainable packaging solutions. Financial Snapshot: EPS Growth QoQ: A...
Astra Industrial Group Company, trading under ticker 1212, is a prominent entity in the Health Technology sector, specifically within the Pharmaceuticals industry. The company’s stock is currently valued at 165.6 SAR, with a market capitalization of 13.25 B SAR, reflecting its substantial market presence. Financial Highlights: The company has demonstrated a...
National Gas & Industrial Company, listed with ticker number 2080, is currently making waves in the Utilities sector as a Gas Distributor. With a current market price of 87.7 SAR and a robust market capitalization of 6.58B SAR, it stands out as a significant player in the market. The company’s financial indicators are promising, with a 9% growth in EPS and a 10%...
The National Company for Learning & Education, with its ticker 4291, operates within the Consumer Services sector, focusing on Other Consumer Services. The stock is currently priced at 176 SAR, with a market capitalization of 7.57 B SAR, indicating a significant presence in the market. The company exhibits strong financial health, with a Quarter over Quarter...
Daily chart, the stock may form a flag chart pattern, then the target will be 95.5, passing through the resistance level of 86.4 (historical highest high) Technical indicators RSI and MACD show that it is time for some correction. Then, the stock continues the uptrend. Support line (dashed red) should be considered as stop loss level.
Hey traders, here is the analysi. If you guys like my analysis please hit like👍 and follow. Thanks. DISCLAIMER- This is not financial advice. SMART MONEY CONCEPT
Tadawul All Share Index (TADAWUL:TASI) 1) In the day chart we noticed that the Tadawul All Share Index has formed a head and shoulder pattern from April 2023 - September 2023 and a obvious neckline breakout marks the end of the H&S pattern. 2) At the end of H&S pattern we noticed a big red candle closed at 50% into the body of the previous green candle....