Tadawul
2380 : Petro Rabigh (+50% by Dec 2022)Petro Rabigh chart had performed very well for us last year from sub 14 to 27 SAR and now is about to perform again!
The reason for this projection is the underline macro trend that is now confirmed and is about to break to the upside with potential gains of +50%.
The method we use is HVF, long tested and proved accurate with combined with volume analysis.
What we see in this chart is an imminent move in the stock to +23% from current levels by July 2022. And +50% by year end. Other targets are marked on the chart.
if 2160 breaks these 2 levels buyers will be happyHello
If 2160 breaks these 2 levels buyers will be happy.
As you see on my chart, 2160 has reached its historical low price, and normally shoud recover its health.
I said always that i am not having a cristal ball to predict markets future but i am trying to be more efficient and rational during my trading.
Good luck and if you need more analysis i will be glade to answer you
possible scenarios for 4081 Hello traders and investors
As it is figured on my chart there are 2 scenarios, so what you should keep on mind it is the fact that one of these 3 zones should be broken with huge volume and a nice big candle.
We don't have a cristal ball predicting markets but we try to follow the decided market trend.
Be aware and do not resist from a loss, if it's the case close your trade when you feel that the mathematic expectancy of winning becomes low.
good luck
please don't hesitate either to comment my post and ask me if needed
Ranging For NowIts been in a range for so many weeks now, interesting part is its consolidating right near the resistance area that is around 150.00 if this rectangle breaks to the upside this would be a good buy chance. For now its in a no trading zone lets wait for the breakout candle.
Hit like & follow guys ;)
(1020) ALJAZIRA BANK Promising TADAWUL:1020 has just entered a decisive area (green area) .
I recommend to wait for a break of that area , that would be a high probability buy signal targeting the 1st target area .
There is a good potential to reach the second target area too if we do close above the 1st target area .
Right now the bullish momentum is slowing down a little so it is possible price returns to around the (22.8) level before breaking above the green area .
If price fails to break above the green area , then a return to the black area would be possible , and would represent a potential buy area.
Get Ready For the PartyOne of the heavily traded stock in TASI, I like the setup!! I think very soon it will make a very big move. After touching the resistance zone that is around 42.00 it touched 29.50 and bulls are in control for now. It have taken a bounce from the immediate support zone and now its ready to fill up the gap that it had created while coming down. The same GAP will now act as a resistance which should also be a first target. Over all looking in control, for a safe entry wait for a closing above resistance that is 34.30
Hit like & follow guys ;)
Correction TimeThere is no doubt that TASI is in a strong bull trend but we also know that market cannot just keep moving in 1 direction there is always a correction phase. Market as of now is over heated and need some healthy correction I think it will respect the support which coincides with the long term trendline. Overall surely TASI is a bullish market!!
Hit like & follow guys ;)
RIYAD BANK,take profit and wait probably, it is time to take profit, maybe we will see a downtrend this week and after this week,so I advise to take profit right now even the market is uptrend but we can not risk what we gain, trust me just take profit and wait for what is next.
professional trader advising you,