TBNI: BANKS INDEXHead & Shoulder Pattern formation
Retesting Neck Line
Opportunity to buy at discounted price for Long will be at H&S Target
TASI
2350: TASIWait for Target completions for Long Entry
Watchout for
Horizontal Supports,
Cup & Handle Patterns Targets,
Ascending Triangle Breakdown targets
4001: TASI
Retracement from 38% fib level
Short Setup until channel top
Watchout for Breakout
Take Entry on retest
Bullish Flag Target in case of breakout
4007, TASIBullish Flag Breakout
Target is mentioned in the chart
Buy @current (44.85) SL @ 43.61,
Ride the trend with trailing Stoploss
4170: TASI (TOURISM ENTERPRISE CO.) Short move within EquivalenShort move within Equivalent Triangle
(Rising Support to Falling Resistance top)
Trade with proper stop loss
Watch for breakout of Symmetrical Triangle Pattern
Ride the trend with trailing stop loss and TP @idnetified fib levels
2240: TASI (ZAMIL INDUSTRIAL INVESTMENT CO.)Retracement from Triple Bottom
Short upward movement until top of Falling Resistance (Channel)
Entry @current level, until top of channel (TP)
Watch for breakout for fresh entry
1212: TASI ASTRA INDUSTRIAL GROUPBreakout is observed,
An aggressive Entry @ current level can be taken
Conservative Entry can be taken after retest (formation of HL)
Cup and Handle Pattern
AB=CD Harmonic Pattern
Ascending Triangle Pattern
Formation of HH, HL, Dow theory Bullish trend
Enjoy the ride
Fib Levels and extensions are mentioned for TPs (Long term targets)
Trail your stop loss accordingly
1212: TASI ASTRA INDUSTRIAL GROUPBreakout is observed,
An aggressive Entry @ current level can be taken
Conservative Entry can be taken after retest
Cup and Handle Pattern Formation
AB=CD Harmonic Pattern
Formation of HH, HL, Dow theory Bullish trend
Enjoy the ride
Fib Levels and extensions are mentioned for TPs (Long term targets)
Trail your stop loss accordingly
2300: TASI SAUDI PAPER MANUFACTURING CODescending Parallel Channel Breakout and Retesting
HH, HL, Confirmation of uptrend
Ascending Parallel Channel formation
Take the long position towards the bottom of ascending parallel channel
keep proper stop loss and enjoy the trade
TMTI: TASIFormation of Bullish Bat Pattern
So far, the values are matching the pattern.
It seem that this uptrend will continue until Dec before correction/profit taking starts (starting of Bullish trend)
Wait and Watch
Trade individual stocks as per their levels
4191: TASI (LONG)Falling Wedge Breakout
Confirmation of Bullish trend (HH, HL)
Take the trade with stop loss
Ride the trend with trailing stop loss
2310:TASI: SAHARA INTERNATIONAL PETROCHEMICAL
Formation of Bearish Bat in process
Support from Ascending trendline (Point C of Bearish Bat Pattern)
Entry now with TP at every identified fib level
Trail your stop loss accordingly
1302: TASI (BAWAN CO.)Short term and long term trade setups
Trail your stop loss with proper Risk Reward
1211: TASI (Maaden)Flag and Pole Breakout
AB = CD
Respecting 31EMA support historically (S&R)
Took Support from 31 EMA
Ready to take a Bullish Ride
Take your trades with your R:R, trailing stop loss
TASI, 2082: ACWA1- Series of HH, HL --> Bullish Trend; Dow Theory
2- Above Trendline Support
3- Every time it hits trendline support, it takes upside movement
4- Biased: Bullish
Buy @ 160.8
SL @previous HL: 145.75
TP1 @ 180.5
TP2 @ 187.5
TASI, 2082: ACWATrendline resistance breakout. (Confirmation of false breakdown)
Setup is ready for long.
1- Series of HH, HL --> Bullish Trend; Dow Theory
2- Above Trendline Support
3- Every time it hits trendline support, it takes upside movement
4- Biased: Bullish
Buy @ current level (164.4)
Buy after retest of trendline (162), confirmation of HL
Tight SL @ 153.25
or previous HL@ 145.4
Targets slightly below fib levels
TP1 @ 180.5
TP2 @ 187.5
or as per RR 1:2, 1:3
Ride the trend with trailing stop loss
TASI: 4261 Potential +40 % by Q1 2023This stock we have been interested in since IPO where company performance continue to beat estimates and price actions are reflecting classic technical analysis.
Shown on the chart are all significant price levels and previous structures that triggered them. We suspected an HVF back in May but the price corrected to reflect an even larger HVF that broke up to the upside recently in the past few days. While this trend hold we expect targets of + 23% by year end and + 40% by end of Q1 2023.
Of course many factors may arise that invalidates our analysis but most importantly is to follow the price chart and place exit stops to protect your own gains.
All the best
FBH
Tasi Prediction 2023Tasi prediction for the upcoming year which is based bearish divergences at the tops and price channel analysis.
TASI is bearish targeting 12050 TASI has just formed a top H&Ss and targeting 12050 as it is both classical and wavy target. I believe TASI will bounce back once touched the area 12050 .
4240 FAWAZ ALHOKAIR TO 33.85As per the chart:
-the downtrend is clearly broken at 17-Aug
-the price is showing support at 21.82
First target is 27.58 SAR
Second Target is 33.85 SAR
Stop Loss 20.07
2082 ACWA POWERAs per chart analysis, the Price is going 200 SAR
First Target 200 SAR
Second Target 220 SAR
Stop loss 160 SAR
4080 Aseer Trading to 20 SARAs per the chart analysis:
the price is retesting on 16.3 Sar and going to 18.26 SAR
Naseej 1213 to 59.52 SARthe TADAWUL:1213 has broken the 42.95 Support to 51.63 SAR
and will retest on 42.95 SAR and continue to 59.5
