A POSITIVE MARGIN CALL FOR THE BUYERSThis support now is acting as a lif e saver for the buyers and we saw from this last rejection that the buyers can take control again, STAY IN YOUR POSITION AND SELL AFTER REACHING THE TARGET LEVEL
Tadawul
THE BEST BUY POSITION AT TADAWULThe market is purely controlled by the buyers so we are in a good position to buy, also the market respect the support line and give us a strong pullback with a high volume, so we can take that investment with confidence,
THE BUYERS ARE IN CONTROL
ENTER AFTER THE RETEST!!The market will take the decision in the near future because we are within the 200MA and it can act again as a strong support, the market might go up after the testing of this range, if that the case then we can expect to get out of the market until the target level
THE MARKET WILL BE IN A NUMB SITUATION SOONWe need to see a test within the green line or if you prefer the safety then you can enter after the testing of the 200MA because we are clearly in a bullish trend
A CALL FROM THE SUPPORT TO SEE WHAT TO DO NEXTNormally we should try to spot a buy position, now the market will be in a corrective wave and might go to test the green trend line below with a high probability, we saw the same respect toward the red trend line which is a clear rejection and the market want to go back,
THE GREEN TREND LINE CAN ACT AS A MAGNET!
SOUTHERN PROVINCE CEMENT CO. 3050SOUTHERN PROVINCE CEMENT CO.
On the weekly frame, breaking the bearish trend and closing above it.
Target = 83.50
Stop-loss = 71.40
12.85% !!!
TASI UPDATE! STILL SHORTThe market will return again to the previous channel and will be in a sideway position with a high probability, also we have candles with small bodies within the resistance level and then we saw a red engulfing candle with a message, that is this resistance is a solid one and can't be broke, so we can enter short and put our target within the level of 7544.337
PREPARE TO SELL YOU SHARE THE MARKET MIGH GO TO 74.54We have a strong indications that the market will go down :
1.The 3 recent candles are all in gravestone profile, the market can't break the VWAP indicator, the VWAP act as a strong resistance,
2.The Fibonacci give us the level of 75% as a strong resistance too,
3.The respect of the red trend line and the market need to go back to the channel,
Summary:
The market needs to go back the the level of 61§ of the Fibonacci retracement, and then we may have a good buy configuration, with all the past indications it's very hard to tell that the market will go up furthermore,
DAR ALARKAN MARKET ANALYSIS FOR THE LONG TERM We have a strong probability that the market will go up for the long term view or in another word at the end of this year, it's call for all wise investors to enter in a long position and wait until the end of this year
TASI WILL RETURN TO THE SIDEWAY PROFILE! ENTER SHORT!!The market will return again to the previous channel and will be in a sideway position with a high probability, also we have candles with small bodies within the resistance level and then we saw a red engulfing candle with a message, that is this resistance is a solid one and can't be broke, so we can enter short and put our target within the level of 7544.337
GOOD HUNT AND EASY MONEY WAIT UNTIL 46.87Please stay in your position and sell your shares at the required level
THE MARKET WILL FIND IT EASY TO GO DOWN INSTEAD OF UP Stay close by, because the retest is near to happen
TASI WILL BE IN A CORRECTIVE WAVE! STRONG INDICATION!Please share with me your thoughts,
kind regards,
WE ARE IN A LEVEL OF STAND BY POSITION, WAIT FOR THE NEXT VOLUMEPlease share with me your thoughts,
wait for the right moment to decide wisely,
Kind regards
EXPECT A HIGH BULLISH TREND THE MARKET WILL BOUNCE TO THE TOPPlease share with me your thoughts,
Kind regards
JARIR IS VERY STRONG BUT THE MARKET MAY GO DOWN IN ANY TIME Please share with me your thoughts,
Kind regards,
RIYAD BANK - UP AND UP Please stay in your position the market will go up with a high probability,
Kind regards
JARIR IS VERY STRONG BUT THE BEAR WILL REAR SOON PREPARE TO SELLPlease share with me your thoughts, Regards
